Article 5 · Commission Implementing Regulation (EU) 2025/2548

Contents

Article 5Methodology for calculating the price of CBAM certificates from 2027#

1.From 1 January 2027, the Commission shall calculate the price of CBAM certificates every calendar week as the average of the auction clearing prices of allowances as determined in accordance with Article 7 of Delegated Regulation (EU) 2023/2830.

2.The auction clearing prices of all allowances auctioned pursuant to Articles 10 and 11 of Delegated Regulation (EU) 2023/2830 on the common auction platform as defined in Article 3, point (18), of that Regulation and on the opt-out auction platforms, as defined in Article 3, point (19), of that Regulation since the last calculation shall be taken into account. However, auctions which have been cancelled shall not be taken into account in the weekly average calculation.

3.For each auction, the auction clearing prices shall be weighted by the volume of auctioned allowances.

4.The price of CBAM certificates shall be calculated in euro and rounded up or down to the nearest cent.

5.The price of CBAM certificates shall apply to CBAM certificates that are sold to the authorised CBAM declarants during the period set out in Article 21(2) of Regulation (EU) 2023/956.