The Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) Regulations 2026

These Regulations amend the Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 (S.I. 2021/484) to update the auction reserve price to reflect inflation since the introduction of the scheme. These Regulations additionally introduce an automatic annual uplift to the auction reserve price from 1st January 2027, calculated by reference to the annual GDP deflator figure published by the Office for National Statistics.