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2025/0380(COD)ETrilogues (interinstitutional negotiations)

Market stability reserve for the buildings, road transport and additional sectors

In interinstitutional negotiations (trilogues). Parliament and Council are working toward a provisional agreement, which would still need formal adoption to become law.

Last active 05 Jun 2026

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What this bill does

In plain terms: what it changes and who it affects.

This proposal adjusts the ETS2 market stability reserve to smooth allowance supply and reduce early price volatility.

Who it affects

It affects fuel suppliers and other regulated entities under ETS2, and indirectly households and businesses using building heating and road transport fuels.

Core of the proposal
  • Keeps unreleased ETS2 reserve allowances valid beyond 31 December 2030.
  • Creates a gradual allowance release when circulation is between 210 million and 260 million.
  • Adds 20 million allowances to releases triggered by the ETS2 excessive price mechanism.
  • Updates the calculation of total allowances in circulation from 1 January 2027.
Key provisions
Takes effect
It enters into force on the twentieth day following publication in the Official Journal of the European Union.
Articles changed · 4 across 1 law
  • Decision (EU) 2015/1814 (32015D1814)
    • art. 1a(3): deletes the second sentence
    • art. 1a(4): replaces the second sentence
    • art. 1a(5): adds a subparagraph on additional allowance releases
    • art. 1a(7): inserts a sentence between the first and second sentence

Latest update

05 Jun 2026

The most recent development in this bill's progress.

Trilogues (interinstitutional negotiations) → Trilogues (interinstitutional negotiations)

Trilogues (interinstitutional negotiations)Trilogues (interinstitutional negotiations)

Documents

1 recent

SourcesOEILEUR-LexEU Law Tracker