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[F1PART 2AU.K.THE GHG EMISSIONS THRESHOLD AND THE GHG REDUCTION OBLIGATION

The unit GHGi threshold and the GHG reduction obligationU.K.

6B.(1) This regulation applies to an energy product supplied by a regulated supplier if—

(a)the energy product was supplied for relevant use;

(b)the energy product was supplied in a reporting period to which this Part applies (the “applicable reporting period”);

(c)where the assessment time falls within that period, the energy product was owned by the regulated supplier at that time; and

(d)the condition in paragraph (2) is met.

(2) The condition is that the GHGi of the energy product is higher than the amount (the “unit GHGi threshold”) specified in column (1) of the following table for the applicable reporting period specified in column (2) of the table—

(1) Unit GHGi threshold(2) Applicable reporting period
90.34 gCO2eq/MJ2019
88.45 gCO2eq/MJ2020

(3) A regulated supplier which supplies one or more energy products to which this regulation applies in a reporting period incurs a GHG reduction obligation in respect of that period.

(4) If a regulated supplier incurs a “GHG reduction obligation” the supplier must account to the Administrator for the amount of that supplier’s GHG reduction obligation (as to which, see regulation 6C) by—

(a)notifying the Administrator of a debit, from the supplier’s account, of GHG credits equal to the value of all or part of the GHG reduction obligation in accordance with regulation 16F (whether the credits were issued to the regulated supplier under regulation 16C or transferred to the supplier under regulation 16D);

(b)making payment to the Administrator in accordance with regulation 16F (payments).]