Emissions reduction unit is equal to one tonne carbon dioxide equivalent, achieved as a result of a “joint implementation” project under Art.6 of the Kyoto Protocol.
Final list of installations – a list of the registered installations supplemented with delayed installations which have succeeded to submit required data for determination of their emissions and allocation of allowances before 28 February 2006.
Emission trading permit – a permit granted under Art. 131в of the Environmental Protection Act.
Indirect double counting of emissions reductions may appear when a “joint implementation” project influences the CO2 emissions from installations covered by the Scheme within a specific sector, but it is not possible to determine which installations reduce their emissions. In such cases, the joint implementation project could be implemented for an installation participating in the Scheme, as well as for a not participting installation.
Installation - a stationary technical unit constructed to perform one or more of the activities covered by the Scheme as well as all other activities in a direct relation to them that have a technical connection to the activities performed in this unit and may influence the emissions or pollution.
New entrant – any installation carrying out one or more of the activities covered by the emission 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 due to an extension of the installation after this date. Delayed installations are not considered new entrants. Four groups of new entrants are defined:
installations newly constructed after 1st January 2004;
installations participating in the scheme, in case of change in nature or functioning or an extension of the installation after 1st January 2004;
installations for which a permit is refused before January 1st, 2007;
“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.
Operator – any person who operates or controls an installation or to whom decisive economic power over the technical functioning of the installation has been delegated.
Registered installation – an installation for with sufficient data has been submitted for determining their emissions and allocation of allowances before 30 November, 2005.
Reserve – the quantity of allowances to be distributed between the installations during the emission trading periods – 2007 or 2008-2012.
