Account types

Account types

The are five types of accounts in the Registry: 

These are accounts that may be opened by any individual or legal entity wishing to participate in the trading system on a voluntary basis. 

These accounts will not be valid for fulfilling the obligation of surrendering emission allowances for installations and aircraft operators included in the System.

These type of accounts may be opened by any individual or legal entity wishing to participate in the trading system on a voluntary basis. 

The trading accounts are held in the Spanish Section of the Union Registry. These account types will not be valid for fulfilling the obligation of surrendering emission allowances for installations and aircraft operators included in the System.

Requirements & documentation not available in English due to the national character of these accounts.

Since January 1st 2012, aviation activities are subject to Directive 2008/101/EC of the European Parliament and of the Council, of 19 November, amending Directive 2003/87/EC of the European Parliament and of the Council, of 13 October 2003 and Law 1/2005, of 9 March.

Any aircraft operator falling within the scope of application of Law 1/2005, of 9 March and which has an approved Monitoring Plan, is obliged to have a credit account in the name of the aircraft operator in the Union Registry and comply with the obligation detailed in section 2 of Article 27 of the aforementioned Law, concerning the surrender of emission allowances.

Maritime Operator Holding Accounts are the accounts associated with shipping companies included in the European Emissions Trading Regime (EU ETS), and subject to the delivery obligation in accordance with articles 3 octies ter and 12.3 of the Directive 2003/87/EC of the European Parliament and the Council, of 13 October 2003 and instructed in Commission Delegated Regulation (EU) 2023/2904, of 25 October 2023, amending the Delegated Regulation (EU) 2019/1122, regarding the operation of the Union Register.

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