Template:M summ EUA Annex Final Delivery Date: Difference between revisions

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===What is the relevance of the {{euaprov|Final Delivery Date}}?===
===What is the relevance of the {{euaprov|Final Delivery Date}}?===
The final delivery date is relevant in the context of a failure to deliver and it is designed to give a window to remedy that failure to deliver before a {{euaprov|Reconciliation Deadline}}. This is designed to fall inside the period in which counterparties which are physical operators and who actually need to surrender the EUAs to offset their actual carbon emissions can still surrender their EUAs and avoid an [[Excess Emissions Penalty - Emissions Annex Provision|excess emission penalty]] under the terms of the {{euaprov|EU ETS}}.
The final delivery date is relevant in the context of a failure to deliver and it is designed to give a window to remedy that failure to deliver before a {{euaprov|Reconciliation Deadline}}. This is designed to fall inside the period in which counterparties which are physical operators and who actually need to surrender the {{euaprov|EUA}}s to offset their actual carbon emissions can still surrender their EUAs and avoid an [[Excess Emissions Penalty - Emissions Annex Provision|excess emission penalty]] under the terms of the {{euaprov|EU ETS}}. So, in a nutshell, your final delivery date is two days after you notified of your {{euaprov|Failure to Deliver}} or, if earlier than that, the {{euaprov|Reconciliation Deadline}}, which is April 30 every year.
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