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Division 4 The product-related historical activity level for the baseline period for products to which the steam cracking product benchmark as referred to in Annex I applies shall be determined according to the following formula:

United Kingdom

Original text. Later amendments are not shown.

HALHVC,net=ARITHMETIC MEANHALHVC,total,k−HSFH,k−HSFE,k−HSFO,k

whereby:

HALHVC,net

  • historical activity level for high value chemicals net of high value chemicals produced from supplemental feed expressed in tonnes of HVC

    • HALHVC,total,k

  • historical activity level for total high value chemicals production in year k of the baseline period expressed in tonnes of HVC

    • HSFH,k

  • historical supplemental feed of hydrogen in year k of the baseline period expressed in tonnes of hydrogen

    • HSFE,k

  • historical supplemental feed of ethylene in year k of the baseline period expressed in tonnes of ethylene

    • HSFO,k

  • historical supplemental feed of other high value chemicals than hydrogen and ethylene in year k of the baseline period expressed in tonnes of HVC

    • Notes on the whole EU Regulation

    Textual amendments

    F1

    Words in Regulation substituted (31.12.2020) by The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020 (S.I. 2020/1557), art. 2(2), Sch. 1 para. 2

    Notes on Annex III

    Textual amendments

    F1

    Word in Annex 3 heading substituted (31.12.2020) by The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020 (S.I. 2020/1557), art. 2(2), Sch. 1 para. 33(2)

    Modifications

    C1

    Annex 3 applied (with modifications) (31.3.2025) by The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025 (S.I. 2025/124), arts. 2, 7(3) (with art. 7(7))