# The Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) Regulations 2023, Regulation 3: Regulation 9 amended (annual volumes of allowances)


(1) Regulation 9 is amended as follows.
(2) In paragraph (1)—
(a) in the opening words after “+ BF)” insert “+ T”;
(b) for sub-paragraph (a) substitute—
“(a) AC for the calendar year is the base for that year determined in accordance with paragraph (10)(a) multiplied by—
(i) in the case of a calendar year up to and including 2025, the 2021-2025 hospital and small emitter reduction factor calculated in accordance with article 21(2) of the Trading Scheme Order;
(ii) in the case of a calendar year from 2026 up to and including 2030, the 2026-2030 hospital and small emitter reduction factor calculated in accordance with article 21(3) of the Trading Scheme Order;”;
(c) in sub-paragraph (b) before ““AFA”” insert “in relation to a calendar year corresponding to a scheme year in the 2021-2025 allocation period,”;
(d) after sub-paragraph (b) insert—
“(ba) in relation to any other calendar year, AFA is zero;”;
(e) for sub-paragraphs (c) to (e) substitute—
“(c) IC for the calendar year is the number of allowances determined in accordance with paragraph (10)(b);
(d) RFS for the calendar year is the number of allowances determined in accordance with paragraph (10)(c);
(e) NER for the calendar year is the number of allowances determined in accordance with paragraph (10)(d);”;
(f) after sub-paragraph (f) insert—
“(g) T for the calendar year is the number of allowances determined in accordance with paragraph (10)(e).”.
(3) In paragraph (9) in the table omit the 5 rows whose first entries are “2026”, “2027”, “2028”, “2029” and “2030”.
(4) For paragraph (10) substitute—
“(10) For the purposes of paragraph (1), for a calendar year referred to in column 1 of the following table—
(a) the base is the number of allowances set out in the corresponding entry in column 2;
(b) IC is the number of allowances set out in the corresponding entry in column 3;
(c) RFS is the number of allowances set out in the corresponding entry in column 4;
(d) NER is the number of allowances set out in the corresponding entry in column 5;
(e) T is the number of allowances set out in the corresponding entry in column 6.
Column 1
Calendar or scheme year
Column 2
Base
Column 3
IC
Column 4
RFS
Column 5
NER
Column 6
T
2021
155,671,581
57,856,572
4,098,497
3,024,907
0
2022
151,437,134
56,273,432
4,098,497
3,024,907
0
2023
147,202,686
54,690,292
4,098,497
3,024,907
0
2024
92,062,882
36,825,153
2,255,107
1,664,388
23,316,495
2025
86,742,014
34,696,806
2,255,107
1,664,387
13,323,712
2026
79,059,690
31,623,876
2,255,107
1,664,387
9,992,784
2027
70,127,996
28,051,198
2,255,107
1,664,387
6,661,856
2028
53,498,502
21,399,401
2,255,106
1,664,387
0
2029
50,918,572
20,367,429
2,255,106
1,664,387
0
2030
49,320,164
19,728,066
2,255,106
1,664,387
0
”.

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Source: https://www.legislation.gov.uk/uksi/2023/994/regulation/3 (the official version)
Page: https://openlegislation.uk/greenhouse-gas-emissions-trading-scheme-auctioning-amendment-regulations-2023/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.