Introduction

The final countdown for the EU ETS 2024 compliance year is here. By 30 September 2025, all covered operators must surrender their EU Allowances (EUAs) for the previous year’s verified emissions.

For 2024, the phase-in rule means surrendering 40% of verified CO₂ emissions — but the deadline is immovable. Missing it triggers an automatic penalty of **€100 per ton CO₂e ** (indexed to inflation), plus the obligation to surrender the missing allowances in the next compliance year.

Why urgency matters now

In these final weeks, market dynamics shift rapidly:

• Liquidity Tightens – Large buyers lock in their final positions, reducing available supply.
• Prices Spike – Even small surges in demand can cause sharp upward movements in the spot market.
• Processing Bottlenecks – KYC approvals, fund transfers, and MOHA registry updates can face delays due to the compliance rush.

At this stage, delays aren’t just inconvenient — they can be costly and operationally disruptive.

EUA Purchase Options

1. Secondary-Market Spot Brokers

• Pros: Access to existing EUA supply, no need to participate in auctions.
• Cons: Price transparency varies; settlement times depend on broker processes.

2. OTC Forward Swaps (Not Ideal Last-Minute)

• Pros: Can secure volume in advance.
• Cons: Longer settlement cycles; may not meet surrender cut-off if left too late.

3. Instant Requisition Platforms

• Pros: Transparent pricing, near-instant indicative quotes, simplified process.
• Cons: Limited to available spot volumes.

Checklist for your EUA purchase

• Your MOHA account is open, active, and KYC-compliant.
• You have calculated your exact EUA deficit from your verified emissions.
• You have funds or payment terms in place to settle quickly.

Azolla's Requisition Platform

From our industry network and market sources, we understand that many shipowners and charterers have not yet secured the EUAs required. The challenge is real: access to the EUA market involves exchange memberships, lengthy KYC procedures, and strict payment terms — all of which can delay compliance.

To address exactly that, we’ve launched the Azolla EUA Requisition Platform — built to make procurement simple, clear, fast, and transparent.

Key Features:

• Live market-linked EUA prices (inclusive of our commission) — updated in real time

• No exchange account required — we handle purchase and MOHA delivery

• Fast KYC onboarding in as little as 2 business days

• Flexible payment terms and real-time support

The process is very simple,

Raise a requisition → Lock your price → Purchase → Transfer to MOHA

FAQ: Last-Minute EUA buying &bSubmission

Q: Can I purchase EUAs after the 30 September surrender deadline?

Yes—but only for use in subsequent compliance years, not for the 2024 surrender obligation. EUAs can still be bought at any time (they never expire and can be banked) . However, any failure to surrender by the 30 September deadline triggers the legal €100 per tCO₂e penalty (adjusted annually for inflation), and those missing EUAs must still be surrendered in the next year

Q: What if my MOHA is blocked or inactive?

Contact your administering authority immediately; Azolla can only transfer to active accounts.

Q: How fast can Azolla deliver EUAs?

Same-day transfers for verified accounts; 1–2 business days if KYC is pending.

The Bottom Line

With the 30 September surrender deadline fast approaching, every day counts. While EUAs can be purchased year-round, only those secured and surrendered before the deadline will count toward your 2024 compliance obligation. Missing the cut-off means paying penalties, surrendering the missing allowances next year, and potentially straining owner or charterer relationships.

The key now is speed, transparency, and certainty in procurement — and that’s exactly what the Azolla EUA Requisition Platform was built for. Live, market-linked pricing, fast onboarding, and direct MOHA delivery ensure you can complete your compliance purchases with confidence. If you’re still finalising your 2024 surrender position, this is the simplest way to get it done — before the clock runs out.

Start here: ets.azolla.sg