Elkem Ísland
Elkem Ísland is a production or processing of ferrous metals installation in Iceland. In 2025 it reported 333,835 tonnes of verified emissions against 383,445 free allowances.
Key figures
Country
Installation ID
IS 201365
Verified emissions, 2025
333,835 tCO₂e
Free allocation, 2025
383,445 allowances
Allowance position, 2025
49,610 surplus
Compliance, 2024
A
Permit
IS-ETS-006-01
Data as of
1 April 2026
Emissions and free allocation by year
| Year | Verified emissions (t) | Free allocation | Position |
|---|---|---|---|
| 2025 | 333,835 | 383,445 | 49,610 surplus |
| 2024 | 353,979 | 383,445 | 29,466 surplus |
| 2023 | 323,557 | 383,445 | 59,888 surplus |
| 2022 | 361,901 | 383,445 | 21,544 surplus |
| 2021 | 375,893 | 383,445 | 7,552 surplus |
| 2020 | 357,622 | 310,730 | 46,892 short |
| 2019 | 332,149 | 317,273 | 14,876 short |
| 2018 | 403,336 | 323,792 | 79,544 short |
| 2017 | 402,088 | 330,232 | 71,856 short |
| 2016 | 402,484 | 336,609 | 65,875 short |
| 2015 | 401,844 | 342,919 | 58,925 short |
| 2014 | 369,352 | 349,162 | 20,190 short |
| 2013 | 406,948 | 355,335 | 51,613 short |
Verified emissions changed by -18% from 2013 to 2025.
Source: European Commission, Union Registry · Data as of 1 April 2026
Allowance position
Free allocation exceeded verified emissions in 2025, by 49,610 allowances.
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 iron and steel 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.
Questions about Elkem Ísland
How much did Elkem Ísland emit in 2025?
333,835 tonnes of verified emissions, per EU Union Registry compliance data.
How many free allowances did Elkem Ísland receive?
383,445 in 2025.
Did Elkem Ísland 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.