5.2 Internal market policy (Art. 43 of the Treaty)
5.2.1 How will new entrants be able to begin participating in the EU emissions trading scheme?
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New entrant is any installation carrying out one or more of the activities covered by the trading scheme which has obtained an emission trading permit or an update of its permit due to a change in the nature or functioning or an extension of the installation, after January 1st, 2007. New entrant is also an installation constructed before 2004 which has not operated with more than 50% of its production capacity for at least one calendar year in the period 2002-2004. New entrant is also an installation constructed after January 1st, 2004, or where changes have been introduced in the nature or functioning or an extension of the installation after this date. Delayed installations are not considered new entrants. Four groups of new entrants are determined:
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new installations constructed after 1st January 2004;
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installations registered in the scheme, in case of change in their nature or functioning or an extension of the installation after 1st January 2004;
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installations for which the issuing of a permit is refused before January 1st, 2007;
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“sleeping” installations – installations constructed before 2004 which have not operated with more than 50% of their production capacity for at least one calendar year in the period 2002–2004.
Bulgaria intends to form a reserve for new entrants (RNE) for those installations which perform one or more of the activities within the scope of the trading scheme and which will obtain an emission trading permit before 31 December 2007. As “new entrants” are treated also installations whose permits will be re-issued after 01.01.2007, due to changes in nature or functioning or extension of the installation, as well as “sleeping” installations and installations with refusal to obtain a permit before January 1st, 2007 and which will enter into the scheme with a delay.
The RNE is divided in two components: a set-aside for known new entrants (planned or in process of construction during the development of the NAP) and a set-aside for unknown new entrants (installations which will start to function before 31.12.2007 but are not known at the time of development of the NAP).
The second component of the RNE will be considerably smaller in the First NAP, due to the fact that the plan covers only one year and, practically, it is not possible that there will be a significant number of installations which will start functioning without being known.
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