Contents
- 1. The average price difference between eligible aviation fue…
- 2. The price of eligible aviation fuels shall be determined f…
- 3. The Commission shall determine the minimum selling price b…
- 4. The price of fossil kerosene shall be the price published…
- 5. The ETS price shall be calculated to two decimal places us…
- 6. Where prices are not available in euro, the yearly average…
- 7. Each year by 31 May, the Commission shall publish in the O…
1.The average price difference between eligible aviation fuel and fossil kerosene for a given year shall be calculated as follows:Price difference(y) = price of eligible aviation fuel(y) – (price of fossil kerosene + ETS price + difference in taxation(y))where:Price of eligible aviation fuel(y) | = | price of eligible aviation fuel y or eligible aviation fuel subcategory y listed in the Annex determined in accordance with paragraph 2, in EUR per tonne;Price of fossil kerosene | = | price of fossil kerosene Jet A1 determined in accordance with paragraph 4, in EUR per tonne;ETS price | = | the price of using fossil kerosene pursuant to Directive 2003/87/EC determined in accordance with paragraph 5, in EUR per tonne;Difference in taxation(y) | = | difference between the harmonised minimum levels of taxation on fossil kerosene and the eligible aviation fuel y, in EUR per tonne.
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