The ERE market: how are prices determined?

ERE credits are traded on a market where supply and demand determine the price. The often-quoted €0.12–0.15 per kWh (net) is an indicative price based on recent rates.

Why is demand rising?

The emission reduction obligation for fuel suppliers is rising sharply in the coming years:

- 2026: 14.4% - 2027: 17.2% - 2028: 20.3% - 2029: 24.1% - 2030: 28.4%

This means companies need to buy more credits each year. The expectation is that this supports the price.

Types of ERE credits

In the new system several ERE types exist:

- ERE-E (Electricity) • created by registering electricity for transport - ERE-R (RFNBO) • for renewable fuels of non-biological origin - ERE-G (Advanced) • for advanced biofuels - ERE-C (Conventional) • for conventional biofuels - ERE-B (Annex IX-B) • for biofuels based on Annex IX, part B - ERE-O (Other) • for specific waste streams or crops

For home chargers, ERE-E is the relevant category.

From HBE to ERE

At the conversion on 1 May 2026, each HBE is converted into 46 ERE.