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FuelEU Maritime - GHG Penalty Cost

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FuelEU Maritime GHG penalty cost for exceeding the annual GHG-intensity limit - €2400 per tonne VLSFO-equivalent of excess intensity.

Formula

$$ \text{Penalty} = \frac{(GHG - \text{target}) \cdot E}{41000} \cdot 2400 $$

Symbol legend

SymbolMeaningUnitSource
$GHG$Attained GHG intensitygCO₂eq/MJLCA fuel
$target$Annual GHG intensity limitgCO₂eq/MJFuelEU Annex II

Sources

  • EU Regulation 2023/1805 (FuelEU Maritime).