Carbon & Costs

Carbon & Costs

Indicative EU ETS allowance cost, FuelEU annual compliance balance and carbon cost guides with transparent assumptions.

ESTIMATE • SEE ASSUMPTIONS • COMPARE

Voyage cost and an annual compliance deficit are different calculations.

Use the EU ETS tool for a voyage segment and the FuelEU tool for energy covered across a whole year. Results are indicative budgeting scenarios, not verified annual reports, allowance surrender or payment notices.

Rule review: 17 October 2026 · Calculation version 2 · Inputs are calculated in your browser, without storage or submission to a server.

01 · EU ETS

Indicative EUA cost for a voyage segment

Simplified scenario for cargo/passenger ships of 5,000 GT and above with eligibility already confirmed. Calculate in-port fuel separately with 100% coverage. Calculate each fuel separately for a multi-fuel segment.

Formula, scope and exclusions

CO₂ = fuel tonnes × factor.
EUA ≈ (CO₂ + other-gas CO₂e for 2026+) × voyage share × phase-in share.
Cost = EUA × EUR/EUA.

Emissions year 2024: 40%; 2025: 70%; 2026 and 2027: 100%. These percentages refer to the emissions year, not the surrender year. One EUA represents one tonne CO₂e. Fractional values are budget estimates, without official annual surrender rounding.

Biofuels, LNG, alternative fuels, exemptions/derogations, ice-class reductions, special port definitions and transshipment-port rules are not automatically applied. Verify the ISO fuel grade and monitoring plan; the VLSFO label alone does not determine a factor. Brokerage, tax, exchange rates and verification fees are excluded.

European Commission · Maritime ETS FAQ ↗
EU 2023/2776 · MRV methodology / emission factors ↗
EU 2020/1044 · GWP values ↗

02 · FUELEU MARITIME

Annual compliance balance and potential penalty

This tool uses annual scope-weighted energy for a ship with FuelEU eligibility already established, and annual WtW intensity calculated under Annex I. A single-voyage calculation is not an annual invoice.

Do not copy energy scope from ETS. The Commission currently treats Norway and Iceland as third-country ports until FuelEU incorporation into the EEA Agreement is complete. Verify location, date, exceptions and the applicable notice separately. European Commission ↗

Formula, assumptions and exclusions

Target intensity = 91.16 × (1 − reduction for the year).
CB (g CO₂e) = (target − attained intensity) × covered energy (MJ).
Penalty for a deficit = |CB| ÷ (attained intensity × 41000) × 2400 × [1 + (n−1) ÷ 10].

Target reductions: 2025–29 2%; 2030 6%; 2035 14.5%; 2040 31%; 2045 62%; 2050 80%. The 41,000 MJ/t VLSFO-equivalent term is a penalty conversion constant, not the actual lower calorific value of every fuel.

Pooling, banking, borrowing, the RFNBO subtarget/separate penalty, shore-power obligations and exemptions are excluded from this basic scenario. Zero/negative WtW intensity or scenarios requiring special methodology are unsupported. A positive balance is not sales revenue; no pooling price is assumed. FuelEU results are not automatically added to EU ETS costs.

EU 2023/1805 · Article 4, Article 23, Annex I & IV ↗
EMSA · FuelEU Maritime ↗

Cost and compliance guides

UK ETS has a separate scope, timeline and UKA market. The EUR/EUA calculation on this page does not apply to UK ETS; consult the UK guide separately.