Busan to Valencia EU ETS cost
50% of this voyage's emissions are in the EU Emissions Trading System: Valencia (Spain) is an EU/EEA port, Busan (South Korea) is not. Sea distance: 9,282 nm (estimate). The same applies in the other direction.
Example: EU ETS cost in 2026
A ship burning HFO (ISO 8217 RME–RMK) at 14 knots needs 27.6 days at sea for this voyage. Allowances at 84.46 €/t (2026-10-06); consumption figures are examples, not data for a particular ship. Time in port is not included.
| Consumption (t/day) | Fuel (t) | t CO₂e | In scope (50%) | EUA | Cost (€) |
|---|---|---|---|---|---|
| 20 | 553 | 1,748 | 874 | 874 | 73,802 |
| 40 | 1,105 | 3,495 | 1,748 | 1,748 | 147,603 |
| 60 | 1,658 | 5,243 | 2,621 | 2,621 | 221,405 |
| 80 | 2,210 | 6,990 | 3,495 | 3,495 | 295,207 |
How the EU ETS applies to this route
- Voyages between an EU/EEA port of call and a port outside the EU/EEA: 50% of emissions (Directive 2003/87/EC Art. 3ga).
- Emissions while at berth in Valencia: 100%, whatever the voyage.
- Allowances to surrender: 40% of 2024 emissions, 70% of 2025 emissions, 100% from 2026 (Art. 3gb).
- From 2026, methane and nitrous oxide count as well as CO₂, converted to CO₂ equivalent.
- Applies to cargo and passenger ships of 5,000 GT and above.