Article 8 2026 incumbents; allocation from flexible reserve if industry cap exceededI1

If the total final annual number of allowances approved by the UK ETS authority under this Part to be allocated for the 2026 scheme year in respect of all 2026 incumbents exceeds 31,623,876 (industry cap for 2026 scheme year^f1), the difference must be allocated from the flexible reserve (see article 23A of the UK ETS Order).