Alcoa Fjarðarál
Alcoa Fjarðarál is a production of primary aluminium installation in Iceland. In 2025 it reported 563,849 tonnes of verified emissions against 501,161 free allowances.
Key figures
Country
Activity
Installation ID
IS 201349
Verified emissions, 2025
563,849 tCO₂e
Free allocation, 2025
501,161 allowances
Allowance position, 2025
62,688 short
Compliance, 2024
A
Permit
IS-ETS-003-01
Data as of
1 April 2026
Emissions and free allocation by year
| Year | Verified emissions (t) | Free allocation | Position |
|---|---|---|---|
| 2025 | 563,849 | 501,161 | 62,688 short |
| 2024 | 567,354 | 501,161 | 66,193 short |
| 2023 | 572,623 | 501,161 | 71,462 short |
| 2022 | 534,178 | 501,161 | 33,017 short |
| 2021 | 515,137 | 501,161 | 13,976 short |
| 2020 | 555,481 | 438,837 | 116,644 short |
| 2019 | 557,975 | 448,077 | 109,898 short |
| 2018 | 560,264 | 457,285 | 102,979 short |
| 2017 | 558,605 | 466,379 | 92,226 short |
| 2016 | 538,524 | 475,386 | 63,138 short |
| 2015 | 596,581 | 484,297 | 112,284 short |
| 2014 | 591,238 | 493,116 | 98,122 short |
| 2013 | 583,627 | 501,832 | 81,795 short |
Verified emissions changed by -3.4% from 2013 to 2025.
Source: European Commission, Union Registry · Data as of 1 April 2026
Allowance position
In 2025, verified emissions exceeded free allocation by 62,688 allowances, which the operator had to obtain.
Illustrative value at the latest reference price of €84.87 (29 September 2026): €5,320,331. Not the installation's actual cost, which depends on when and how it acquired allowances.
Price source: EU ETS primary auctions · latest price
Compliance status for 2024: A. The number of allowances surrendered by 30 September 2025 was greater than or equal to verified emissions.
CBAM context
This activity falls in the aluminium sector of the Carbon Border Adjustment Mechanism. Free allocation for products covered by the Carbon Border Adjustment Mechanism is being reduced each year under current EU law.
| 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|
| 97.5% | 95% | 90% | 77.5% | 51.5% | 39% | 26.5% | 14% | 0% |
Share of free allocation remaining for CBAM-covered products, under Directive (EU) 2023/959, Article 10a. It applies to the benchmarks for those products, not necessarily to an installation's whole allocation, so it is not applied to the figures on this page.
Proposed change
A European Commission proposal of 17 July 2026 would restore 15% of the phased-out free allocation for CBAM sectors from 2028 and extend the end of the phase-out from 2034 to 2038. This is a proposal and not yet law.
More on CBAM: the India CBAM Center and what CBAM is and how it works.
Nearby installations
Production of primary aluminium installations in Iceland, largest first.
- Norðurál Grundartangi 419,898 t in 2025
- Rio Tinto Alcan á Íslan 310,250 t in 2025
Questions about Alcoa Fjarðarál
How much did Alcoa Fjarðarál emit in 2025?
563,849 tonnes of verified emissions, per EU Union Registry compliance data.
How many free allowances did Alcoa Fjarðarál receive?
501,161 in 2025.
Did Alcoa Fjarðarál surrender enough allowances?
Its compliance status for 2024 is recorded as "A": The number of allowances surrendered by 30 September 2025 was greater than or equal to verified emissions.