{"id":19345,"date":"2020-06-30T09:26:45","date_gmt":"2020-06-30T09:26:45","guid":{"rendered":"https:\/\/brm.ro\/retail-market-co2-certificates\/"},"modified":"2020-06-30T09:26:45","modified_gmt":"2020-06-30T09:26:45","slug":"retail-market-co2-certificates","status":"publish","type":"page","link":"https:\/\/brm.ro\/en\/retail-market-co2-certificates\/","title":{"rendered":"Retail Market &#8211; CO\u2082 Certificates"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; padding_top=&#8221;70&#8243; padding_bottom=&#8221;70&#8243; z_index=&#8221;&#8221; css=&#8221;.vc_custom_1582278363609{background-color: #f3f3f3 !important;}&#8221;][vc_column][vc_raw_html]JTVCY2hhcnQlMjBpZCUzRCUyMjg4NjYlMjIlNUQ=[\/vc_raw_html][vc_separator type=&#8221;normal&#8221;][vc_raw_html]JTVCY2hhcnQlMjBpZCUzRCUyMjk5MDYlMjIlNUQ=[\/vc_raw_html][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; padding_top=&#8221;70&#8243; padding_bottom=&#8221;70&#8243; z_index=&#8221;&#8221; css=&#8221;.vc_custom_1582150087506{background-color: #ffffff !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]In the CO2 Emission Allowance Ring, auctions are held to buy, sell or exchange (SWAP) EUAs or CERs.<\/p>\n<p>The accreditation file is valid for a period of one year from the date of submission and includes the following documents:<\/p>\n<p>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;<br \/>\n2. a copy of the latest balance sheet;<br \/>\n3. copy of the Tax Registration Certificate;<br \/>\n4. proof of holding an open account with the National Greenhouse Gas Emissions Registry of any European Union member country;<br \/>\n5. signed power of attorney from the legal representative to access the trading platforms.<\/p>\n<p>The guarantee accounts are:<\/p>\n<p><strong>LEI<\/strong>: RO50 RNCB 0082 0009 9180 0641<br \/>\n<strong>EUR<\/strong>: RO93RNCB0082 0009 9180 0643, SWIFT RNCBROBU<\/p>\n<p>The trading procedure in the greenhouse gas emission allowances ring is Revision 13\/21.06.2023 and published on the official website of the Romanian Commodity Exchange.<\/p>\n<p>Useful documents for participating in the greenhouse gas emission allowance ring:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/brm.ro\/wp-content\/uploads\/Procedure-for-trading-in-the-greenhouse-gas-emissions-certificates_valid-from-02.09.2024.doc\">Procedure for trading in the greenhouse gas emissions certificates_valid from 02.09.2024<\/a><\/strong><\/li>\n<\/ul>\n<p>Order initiating participation in the greenhouse gas emission allowance ring &#8211; <strong><a href=\"https:\/\/brm.ro\/wp-content\/uploads\/Model-O.I.-Anexa-2-english.docx\">Model O.I. &#8211; Anexa 2 english<\/a><\/strong><\/p>\n<p>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 &#8211; <strong><a href=\"https:\/\/brm.ro\/wp-content\/uploads\/Model-O.S.C-Anexa-3-english-1.docx\">Model O.S.C &#8211; Anexa 3 english<\/a><\/strong><\/p>\n<p>In order to refund the guarantee deposited in the account of the Romanian Commodities Exchange and complete, sign and send the attached document &#8211;<strong>\u00a0<a href=\"https:\/\/brm.ro\/wp-content\/uploads\/Request-for-the-return-of-security-Annex-4.docx\">Request for the return of security &#8211; Annex 4<\/a><\/strong>[\/vc_column_text][vc_separator type=&#8221;normal&#8221;][vc_column_text]<a href=\"https:\/\/brm.ro\/wp-content\/uploads\/ESCROW-account-operation.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-8997 size-full\" src=\"https:\/\/brm.ro\/wp-content\/uploads\/ESCROW-account-operation.png\" alt=\"\" width=\"1920\" height=\"1080\" \/><\/a>[\/vc_column_text][vc_separator type=&#8221;normal&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<strong>The main advantages resulted from accessing the CO2 Certificate market within the Retail market are:\u00a0<\/strong>[\/vc_column_text]<div class=\"q_list circle\">\n\t<\/p>\n<ul>\n<li><strong>\u00a0<\/strong><strong>Advantageous price<\/strong>\u2013 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;<\/li>\n<li><strong>Reduced amount of time for procedure completion<\/strong>\u2013 The order is scheduled for trade within maximum 3 days from the date of issue;<\/li>\n<li><strong>RCE quotes<\/strong>\u2013 These offer the advantage of a reference system with regards to the prices within the market available through RCE;<\/li>\n<li><strong>The exchange guarantee system-\u00a0<\/strong>executing the contract in good conditions using the utilised\u00a0<strong>system\u00a0<\/strong>as well as careful bidder selection before admission to the trading sessions.<\/li>\n<li><strong>Large number of existent bidders<\/strong>\u00a0due to the large quantities traded at the total market level;<\/li>\n<li><strong>Efficient time and effort management\u00a0<\/strong>related to the capitalization or acquisition of products;<\/li>\n<li><strong>Elimination of bureaucracy<\/strong>\u00a0related to classic public acquisitions through commodity standardization and reduction of the amount of needed documents.<\/li>\n<\/ul>\n<p><\/div>[vc_separator type=&#8221;normal&#8221;][vc_separator type=&#8221;normal&#8221;][vc_column_text css=&#8221;&#8221;]<strong>REGISTERED PARTICIPANTS<\/strong><\/p>\n<ul>\n<li>AFS Execution Services<\/li>\n<li>Aither Group<\/li>\n<li>Belektron<\/li>\n<li>CFP Trading<\/li>\n<li>CM Termoenergetica<\/li>\n<li>Complexul Energetic Oltenia<\/li>\n<li>Complexul Energetic Valea Jiului<\/li>\n<li>Electrocentrale Bucuresti<\/li>\n<li>Electrocentrale Craiova<\/li>\n<li>Emba Power<\/li>\n<li>Global Factor Commodity<\/li>\n<li>Holt\u00a0Global Group International<\/li>\n<li>Termoficare Oradea<\/li>\n<li>Trafigura Environmental Solutions<\/li>\n<li>UAT Municipiul Iasi<\/li>\n<li>Vertis Environmental Finance<\/li>\n<li>Vitol<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221;][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;]<div class=\"call_to_action normal\" style=\"background-color: #dd3333;padding-top: 30px;padding-bottom: 30px;\"><div class=\"container_inner\"><div class=\"two_columns_75_25 clearfix\"><div class=\"text_wrapper column1\"><div class=\"call_to_action_text  font_size_inherit font_weight_inherit\" style=\"font-size:16px;font-weight: 400;\">LINK TO THE TRADING PLATFORM IN THE GREENHOUSE GAS EMISSIONS TRADING RING<br \/>\nTRADE!<\/div><\/div><div class=\"button_wrapper column2\"><a itemprop=\"url\" href=\"https:\/\/session.disponibil.ro\/session\/login\" class=\"qbutton white \" target=\"_blank\" style=\"color: #000000;border-color: #ffffff;background-color:#ffffff;\" data-hover-color=#000000>Log in<\/a><\/div><\/div><\/div><\/div>[\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221;][vc_column][vc_empty_space][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; padding_top=&#8221;70&#8243; padding_bottom=&#8221;70&#8243; z_index=&#8221;&#8221; css=&#8221;.vc_custom_1582278363609{background-color: #f3f3f3 !important;}&#8221;][vc_column][vc_raw_html]JTVCY2hhcnQlMjBpZCUzRCUyMjg4NjYlMjIlNUQ=[\/vc_raw_html][vc_separator type=&#8221;normal&#8221;][vc_raw_html]JTVCY2hhcnQlMjBpZCUzRCUyMjk5MDYlMjIlNUQ=[\/vc_raw_html][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; padding_top=&#8221;70&#8243; padding_bottom=&#8221;70&#8243; z_index=&#8221;&#8221; css=&#8221;.vc_custom_1582150087506{background-color: #ffffff !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]In the CO2 Emission Allowance Ring, auctions are held to buy, sell or exchange (SWAP) EUAs or&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"full_width.php","meta":{"footnotes":""},"class_list":["post-19345","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/brm.ro\/en\/wp-json\/wp\/v2\/pages\/19345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brm.ro\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/brm.ro\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/brm.ro\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/brm.ro\/en\/wp-json\/wp\/v2\/comments?post=19345"}],"version-history":[{"count":0,"href":"https:\/\/brm.ro\/en\/wp-json\/wp\/v2\/pages\/19345\/revisions"}],"wp:attachment":[{"href":"https:\/\/brm.ro\/en\/wp-json\/wp\/v2\/media?parent=19345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}