HSE Annual Report 2010 (English) - WINTERSHALL
HSE Annual Report 2010 (English) - WINTERSHALL
HSE Annual Report 2010 (English) - WINTERSHALL
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26/27<br />
CO ² EMISSIONS TRADING.<br />
Emissions trading was introduced in the European<br />
Union as of january 1, 2005, as part of the implementation<br />
of the Kyoto Protocol. The goal of this system<br />
is to reduce CO ² emissions where it is cheapest to<br />
do so. Market players are facilities that produce<br />
emissions and have an output of more than 20<br />
megawatts capacity, energy-intensive industries<br />
and – as of 2012 – aviation. The second period of<br />
emissions trading in the European Union commenced<br />
on january 1, 2008, and will last until 2012.<br />
The companies involved are currently preparing for<br />
the 3rd trading period which will last from 2013 to<br />
2020 and involve major changes. As of 2013, the<br />
emissions trading system will be extended to other<br />
sectors and applied more stringently. In future,<br />
emissions rights will be auctioned to a greater extent<br />
and no longer distributed free of charge as is<br />
currently the case. The share of auctioned certificates<br />
will increase from 20 percent per annum in<br />
2013 to 70 percent by 2020. In addition, the total<br />
quantity of available certificates will be reduced<br />
continuously by 21 percent overall.<br />
Eleven plants at Wintershall/WINGAS are subject<br />
to the statutory requirements for emissions trading<br />
in the 2nd trading period from 2008 to 2012. They<br />
include compressor stations, the Rehden natural<br />
gas storage facility and the steam flooding plant<br />
in Emlichheim. Greenhouse gas emissions have<br />
already been reduced as a result of numerous<br />
projects aimed at improving energy efficiency.<br />
Wintershall is also involved in research projects<br />
investigating ways of storing and processing CO ² .<br />
Compressor station Mallnow in Germany