Aviation ETS Verification Services

Finally operators are able to calculate their exposure (the gap or the surplus in emission certificates by 2012 and beyond).

The most important figure is the benchmark (the 2012 benchmark and the benchmark for 2013 – 2020). The benchmark is the relation of all reported TKm (from all operators in 2010) compared to the number of available free emission allowances in2012 and secondly for the period 2013 – 2020.

The 2012 benchmark is 0.6797 allowances per 1000 TKms
For 2013 – 2020 it is 0.6422 allowances per 1000 TKms

To calculate your certificate gap for 2012 there are two steps:

• First, you will need to multiply your individual reported TKm number for 2010 with the 2012 benchmark. This will yield your free allowances (which will be transferred to your account by Feb 28, 2012).
• Second you will need to forecast your 2012 emissions (not forgetting any growth) and subtract the previously determined free allowances from this value.

Use our exposure calculator:

A positive emission certificates number indicates a gap which must be bridged by buying emission certificates from auctions or from the market. A negative number (very rare) indicates a surplus of emission certificates which can be sold.

By adding a dollar value you can understand your annual financial obligation which should be discussed with your treasury department ASAP.