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.

08 FEBRUARY 2022 AL CIRCLE

Soaring energy price stirs Hydro to curb 60% production at Slovalco aluminium smelter

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

On 7^th February 2022, Slovakia’s only primary aluminium producer Slovalco aluminium smelter has announced that it has further slashed its production to around 60% in regards to soaring energy prices, emissions allowances and absence of government compensation.

Hydro to curb 60% production at Slovalco aluminium smelter

{alcircleadd}

Slovalco mentioned that the axe in production completes as declared on 30^th December, and it might drive through 2022 as it criticized the Slovak government for low compensation for energy-intense industries compared to other EU nations.

Norsk Hydro majority-owned stated aluminium producer, Slovalco stated, “Central Europe’s only smelter with an annual capacity of 175,000 tonnes of aluminium products, Slovalco shut 44 pots at the weekend after shutting 47 in late 2021 and now has 135 out of 226 pots in operation.”

Milan Vesely, the CEO of Slovalco said, “Electricity prices for the next year are 150 euros per megawatt-hour that are three times more than last year.”

Hydro to curb 60% production at Slovalco aluminium smelter

However, the Company added by saying “Under current prices, the company would generate a loss of tens of millions of euros next year, while the risk of a complete shutdown was the highest in its history.”

The metal company employs over 450 people and 2,500 other jobs that are directly related to its operation. Though, the company said, “There would not be any job cut until a decision on the future is made.”