Emissions trading registry

The emissions trading registry takes care of the recording, possession, transfer, cancellation, deletion and retirement of EU emission allowances and Kyoto Protocol units. The emissions trading registry in the European Union is the Union Registry, which is common to all the member states.

The Union Registry consists of sections for the different member states, each of which have their own national administrator. The Energy Authority is the national administrator of the Finnish section. The tasks of the national administrator include performing administrative tasks related to the opening of accounts and the changing of representatives, monitoring emissions trading obligations, allocating allowances, providing on-call service related to fraudulent transfers, as well as providing advice and handling communication about the registry.

Operators, airlines, and shipping companies in the scope of the EU Emissions Trading System (ETS1), as well as entities regulated under the Emissions Trading System for fuel combustion in the buildings and road transport sectors (ETS2), must have a holding account in the Union Registry for the purpose of fulfilling their obligations. Verifiers also need an account in the Registry. In addition to these mandatory accounts, the Union Registry includes voluntary accounts for trading. With specific limitations, these voluntary accounts can be opened also for organisations and private persons not included in the scope of an emissions trading scheme.

Union Registry

Administration of holding accounts