Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

16 MARCH 2019 AL CIRCLE

Operations cut at Alunorte and higher raw material costs lead to Hydro's weakened underlying EBIT

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

On Friday, March 15, Norsk Hydro reported weakened underlying earnings before interest and tax by 2.15 billion crowns ($251.61 million) in its 2018 financial report, amidst some of its positive developments like the upgrade of the Husnes Plant and the ramp-up of the Karmøy technology pilot to produce the world’s most climate and energy-efficient primary aluminium.

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The decline of Hydro’s 2018 underlying EBIT could be because of the higher raw material costs and reduced operations at Hydro’s Alunorte plant. In addition, different tariffs and sanctions that influenced global markets and trade flow over the past year also apparently took a toll.

Alunorte, the world’s largest alumina refinery, has been running at half its capacity after Hydro admitted that it had to make unlicensed emissions of untreated water in February last year due to severe rainfall.

“Hydro’s underlying EBIT decreased to NOK 9,069 million from NOK 11,215 million for 2017. The decrease reflects negative effects relating to the production curtailment at Alunorte and increased raw material costs,” said the company in its report.

However, Hydro's financial report suggests that the higher all-in metal price and alumina sales price partly offset the negative impacts. The positive impact of taking full control of Sapa, a manufacturer of semi-finished aluminium products, also counterbalanced.

Svein Richard Brandtzæg, Chairman of Norsk Hydro, said, “As the metal of the future continues to find its way into new applications, demand growth remains firm and future prospects look promising. More and more of our aluminium is used in automotive applications, light-weighting transportation and reducing carbon emissions in the user phase.”

Currently, Hydro is awaiting permission from Brazilian authorities to resume full output at the facility, which can sustain annual aluminium production of more than 3 million tonnes.

“Once the embargoes are lifted, it is expected to take around 2 months to reach 75-85 percent of Alunorte’s nameplate production capacity,” the company said in the report.

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