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…
5.The ETS price shall be calculated to two decimal places using the following formula:ETS price = fossil kerosene emissions factor × price of ETS emission allowancewhere:Fossil kerosene emissions factor | = | emission factor of jet kerosene as set out in Table 1 of Annex III to Implementing Regulation (EU) 2018/2066;Price of ETS emission allowance | = | the average price of emission allowances determined as the weighted average price of auctions carried out in accordance with delegated acts adopted pursuant to Article 10(4) of Directive 2003/87/EC during the previous calendar year as published on the common auction platform, in EUR per allowance;The ETS price shall be zero where the eligible aviation fuel is not zero-rated in accordance with Article 54c of Implementing Regulation (EU) 2018/2066 and where the eligible aviation fuel is reported on flights under point (b) of Article 1(2).
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