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EU Emissions Trading System – Transition to the Union Registry.
3rd May 2012
The full activation of the EU Emissions Trading System single registry, including the migration of over 30,000 EU ETS accounts from national registries, is scheduled to take place in June 2012. The transition timetable is as follows:
- Starting on 14 May at 10:00 CEST, account holders will not be able to open or close accounts or to modify account and account representative details, neither in national registries nor in the single registry.
- From 3 June at 10:00 CEST, the operation of national registries and the single registry will be suspended and account holders will not be able to access registry accounts - including allowances held in these accounts.
- On 20 June at 12:00 CEST, the single registry will be fully activated. Users of existing national registries will be able to use the single registry as soon as they receive their new authentication credentials from their national administrator.
National helpdesks will continue to provide support to account holders in particular in case of questions or difficulties during the transition.
Should any change to this schedule become necessary during the transition period, updated information will be communicated by the European Commission.
The single registry to be activated in June will not contain all the required functionalities for phase 3. In particular, a first update following the activation of the single registry will cover functions enabling phase 3 auctions, new account categories and a trusted account list. Software development for this first update has already commenced and the scheduled timetable will be communicated by 15 July.
For further information, see:
http://ec.europa.eu/clima/news/articles/news_2012050301_en.htm
The Environmental Protection Agency is responsible for establishing and maintaining the National Emission Trading Registry. The operation of the EU Emissions Trading Scheme and the Registry are governed by Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading, as amended by Directive 2004/101/EC in respect of the Kyoto Protocol’s project mechanisms.
Click here to view Publicly Accessible Information
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