The maintenance of the register account in the nEHS
The account representatives - The risk in the nEHS register
Unfortunately, fulfilling the reporting obligations is not enough for you as a company subject to the nEHS. In addition to managing your reports in the DEHSt platform, you are required to manage your portfolio of national emission allowances (NUs) in the nEHS registry. This concerns the trading of nEZs, their surrender to the German Emissions Trading Authority (DEHSt) and, if applicable, the transfer of allowances between different company-internal registry accounts.
A prerequisite for the successful management of your registry account is the existence of well-trained account representatives who are available at all times. If this is not the case, incorrect actions in the registry and failure to comply with deadlines can lead to a blocking of the registry account and severe penalties.
What exactly is the problem?
As a distributor of fuels, you are the account holder of a registry account. For this account, to which you have to have the purchased allowances transferred, hold them and surrender them again, you need account representatives who have to carry out transactions with complex dial-in procedures and authentications in special software, the risks of which go far beyond the normal level.
The account representatives, as representatives of the legal entity, are solely responsible for ensuring that the legal regulations specified by the Register Ordinance are implemented in the register account.
All tasks and duties carry a high risk if they are not carried out in a timely and correct manner.
In this respect, it is up to each company itself to ensure that there is sufficient availability of authorised account representatives at all times and that these persons have the necessary knowledge to be able to act in a timely and legally compliant manner.
It is clear that regular training and thus operational downtime will noticeably increase your internal costs.
We help you!
If you come to the conclusion that an extensive build-up of competencies in the area of nEHS registry account management is not an option for you and you want to minimise the operational risks arising from the necessary registry activities as best as possible, we will be happy to help you. At Emissionshändler.com, we offer to act as your external account representative in order to ensure the continuous responsible management of your registry account.
Our offer to you!
If you come to the conclusion that an extensive build-up of competencies in the area of nEHS registry account management is not an option for you and you want to minimise the operational risks arising from the necessary registry activities as best as possible, we will be happy to help you. At Emissionshändler.com, we offer to act as your external account representative in order to ensure the continuous and responsible management of your registry account.
Emissionshändler.com is happy to offer you its services as part of the nEHS package, which covers the commercial part of our CO2 carefree package for nEHS obligated parties. The nEHS package is the supplement to our BEHG package, which is the administrative part of the CO2 carefree package.