Retail Market – CO2 Certificates

In the CO2 Emission Allowance Ring, auctions are held to buy, sell or exchange (SWAP) EUAs or CERs.

The accreditation file is valid for a period of one year from the date of submission and includes the following documents:

1. certificate of registration issued by the Trade Register Office, in original or copy, not more than 90 days before the date of filing or any other document attesting the establishment of the legal entity;
2. a copy of the latest balance sheet;
3. copy of the Tax Registration Certificate;
4. proof of holding an open account with the National Greenhouse Gas Emissions Registry of any European Union member country;
5. signed power of attorney from the legal representative to access the trading platforms.

The guarantee accounts are:

LEI: RO50 RNCB 0082 0009 9180 0641
EUR: RO93RNCB0082 0009 9180 0643, SWIFT RNCBROBU

The trading procedure in the greenhouse gas emission allowances ring is Revision 12/15.09.2022 and published on the official website of the Romanian Commodity Exchange.

Useful documents for participating in the greenhouse gas emission allowance ring:

Order initiating participation in the greenhouse gas emission allowance ring – Model O.I. – Anexa 2 english

In order to participate in the trading sessions, the following Counter Direction Order shall be submitted, completed and stamped with the data mentioned in the O.I. The purpose of the Counter Direction Order is to manifest the intention to participate in the trading sessions for a specific initiating Order – Model O.S.C – Anexa 3 english

In order to refund the guarantee deposited in the account of the Romanian Commodities Exchange and complete, sign and send the attached document – Request for the return of security – Annex 4

PUBLIC CONSULTATION:

ROMANIAN COMMODITY EXCHANGE PROCEDURE FOR TRADING IN THE GREENHOUSE GAS EMISSION ALLOWANCES RING

From 27.07.- 05.08.2022, we submit to public consultation the TRADING PROCEDURE OF THE ROMANIAN GREENHOUSE GAS EMISSIONS CERTIFICATE TRADING RING

Please send your comments / comments, if any, to office@brm.ro and catalina.bengea@brm.ro by 05.08.2022.

The main advantages resulted from accessing the CO2 Certificate market within the Retail market are: 

  •  Advantageous price– Resulted from an organised system as a direct product of supply and demand. Using the price negotiation within the live or electronic auction offers the possibility of further price improvement compared to the initial best offered price. If the obtained price does not fall between your highest accepted price, the possibility of negotiating with only the best price bidder exists within the trading session, without having to repeat the procedure;
  • Reduced amount of time for procedure completion– The order is scheduled for trade within maximum 3 days from the date of issue;
  • RCE quotes– These offer the advantage of a reference system with regards to the prices within the market available through RCE;
  • The exchange guarantee system- executing the contract in good conditions using the utilised system as well as careful bidder selection before admission to the trading sessions.
  • Large number of existent bidders due to the large quantities traded at the total market level;
  • Efficient time and effort management related to the capitalization or acquisition of products;
  • Elimination of bureaucracy related to classic public acquisitions through commodity standardization and reduction of the amount of needed documents.

REGISTERED PARTICIPANTS

  • ACT FINANCIAL SOLUTIONS BV
  • AITHER GROUP SA
  • BELEKTRON  d.o.o.
  • CFP  TRADING  LTD
  • TDR ENERGY SRL
  • VITOL SA
  • ELECTROCENTRALE BUCURESTI
  • TERMOFICARE ORADEA
  • COMPLEXUL ENERGETIC OLTENIA
LINK TO THE TRADING PLATFORM IN THE GREENHOUSE GAS EMISSIONS TRADING RING
TRADE!