CBAM for Electricity
Carbon Border Adjustment Mechanism for Electricity Importers
CBAM is the EU’s landmark tool to put a fair price on the greenhouse gases (GHG) emitted during the production of certain GHG-intensive goods, including electricity, entering the EU.
Electicity importers or their customs representatives must declare on a quarterly basis:
- The quantity of electricity (in MWh) in the scope of CBAM being imported to the EU during the previous quarter.
- Direct CO2 emissions embedded during production of the electricity being imported to the EU, at installation or production site level.
- Any carbon price due or paid in the country of origin for the embedded emissions in the imported goods, deducting any rebate or other form of compensation.
