[F1PART 3AU.K.GHG CREDITS

GHG credits: calculation of CO2eq savingsU.K.

16A.(1) A supplier, or in the case of a UER, a regulated supplier, may apply to the Administrator for one GHG credit for each whole kgCO2eq saved (the “emissions saving”) by the supplier, or in the case of emissions savings attributable to a UER, by the regulated supplier, during the reporting periods beginning on 1st January 2019 and 1st January 2020.

(2) An application for GHG credits must be made in accordance with regulation 16B.

(3) Except in respect of emissions savings attributable to a UER, the Administrator must calculate the supplier’s emissions savings (“N”) by—

(a)applying the formula in paragraph (4), in respect of—

(i)each energy product supplied by the supplier which has a GHGi which is lower than the unit GHGi threshold for the reporting period concerned;

(ii)electricity supplied by the supplier for use in electric road vehicles; and

(b)adding together the results of the calculations under sub-paragraph (a).

(4) The formula is—

where—

N is the amount of kgCO2eq saved;

TGHGi is the unit GHGi threshold for the reporting period concerned;

GHGi is the GHGi of the energy product or of the electricity;

AF is the adjustment factor set out in paragraph (6);

V is the amount of the energy product, or of electricity, supplied, expressed in—

(a)

kilograms for gaseous fuels;

(b)

litres for liquid fuels; or

(c)

kilowatt hours for electricity used in electric road vehicles;

ED is—

(a)

in the case of an energy product, its lower heating value expressed in—

(i)

MJ per kilogram for gaseous fuels; or

(ii)

MJ per litre for liquid fuels;

(b)

in the case of electricity used in electric road vehicles, 3.6 MJ per kilowatt hour.

(6) The adjustment factor (AF) in the formula in paragraph (4) is—

(a)if the predominant conversion technology is an internal combustion engine, 1;

(b)if the predominant conversion technology is a battery electric powertrain, 0.4; or

(c)if the predominant conversion technology is a hydrogen fuel cell electric powertrain, 0.4.

(7) Where the emissions savings are attributable to a UER, the Administrator must ensure that the savings are calculated in accordance with the UER calculation requirements set out in paragraph 19 of the Schedule.]