GEN – 1194.00. The Regulation (EU) No 517/2014 put in place a quota system for hydrofluorocarbons (HFCs) to reduce the supply of these gases to the European Union market. The European Commission has monitored and analysed the EU HFC market employing external consultants since the beginning of the phase-down in 2015. The results of this monitoring with respect to HFC availability on the European Union market and the most relevant influential factors have been published on 16 December 2020.
The F-Gas Regulation requires the European Commission to publish a report on the availability of HFCs on the Union market no later than 31 December 2020 pursuant to Article 21(2).
The European Commission has monitored and analysed the European HFC market employing external consultants since the beginning of the phase-down in 2015. This monitoring included price developments for HFCs and their alternatives, as well as the effects of the quota system on the market and on innovation.
The results of this monitoring with respect to HFC availability on the European Union market and the most relevant influential factors have been published by the Commission on its report dated 16 December 2020. This report compliments the other two reports published by the Commission on 30 September 2020 (GEN – 1160.00): 1- Report from the Commission on the availability of refrigerants for new split air conditioning systems that can replace fluorinated greenhouse gases or result in a lower climate impact; 2- Report from the Commission assessing the availability of alternatives to fluorinated greenhouse gases in switchgear and related equipment, including medium-voltage secondary switchgear.
Within its report, the Commission assessed the HFC price development as well as other factors related to the availability of HFCs on the European market (the assessed factors include: Change of market structure, Effects on quota availability due to equipment pre-charged with HFCs, Stockpiling, and Illegal imports).
The major conclusions of the report are:
-There is currently no shortage of HFCs on the Union market
-Prices have come down from their peak in 2018 but innovation continues to bring new technologies to the market
-It will be important to closely continue monitoring the market and gas prices
-It will be important to effectively prevent any illegal activities, in particular as another phase-down step (to 45% of the 2015 baseline) is foreseen for 2021
Members of the involved Eurovent Product Groups, as well as of the Eurovent TF-FGAS, are invited to carefully assess the report and provide the Eurovent Secretariat with their comments/remarks if any.
Related documents and links
All related documents and articles can be found in the respective sections in the right sidebar.
- GEN – 1194.01 – Report from the Commission on the availability of hydrofluorocarbons on the Union market
- GEN – 1160.00 – F-Gas Regulation update