CBAM, BICS and the UK ETS are changing the economics of making things in Britain. We map your exposure across the whole stack and turn that complexity into your advantage.
If you're an energy-intensive manufacturer, BICS and CBAM connect: a move on one changes what you pay on the other. We start with what's live today, BICS, and prepare you for CBAM before it lands in 2027.
A one-off government window exempts eligible manufacturers from a substantial portion of their electricity levy costs, backdated to April 2026.
Window opens Oct 2026 · live this year Explore BICS →From 2027 imported steel, aluminium, cement, fertiliser and hydrogen carry a UK carbon price. Your supplier data, gathered in 2026, decides the bill.
Tax from Jan 2027 · plan now Explore CBAM →Not sure whether you qualify for BICS? Search all 84 eligible SIC codes and all 1,641 eligible HS6 product codes, taken directly from the Government’s final Annex A of 8 July 2026.
Use the free BICS code lookup →Eligible, but not sure what it is worth? The exemption is banded, and one percentage point at a boundary can halve both your annual saving and your one-off backdated payment.
See the £500 BICS Readiness Audit →Not sure whether a product is caught? Check any 6-, 8- or 10-digit commodity code against the current UK CBAM schedule.
Use the free CBAM scope checker →No supplier relationships or volume incentives that could compromise the advice. We answer to your P&L, nobody else's.
BICS, CBAM and the UK ETS beneath both, and how they interact. We model the regulation as one connected cost, not one scheme in isolation.
15 years across base metals, iron ore derivatives and freight, applied to the supply chains these rules actually run through.
Over the next three years UK manufacturers face a stack of new carbon and electricity regulation arriving together: the BICS electricity levy exemption this year, the CBAM carbon tax on imported steel and aluminium from 2027, and the UK ETS carbon price running underneath both.
Taken one at a time they look like separate compliance jobs. Mapped together, they move as one position on your P&L: BICS a saving to capture, CBAM and the ETS costs to manage. And the moves you make on one (where you source, how you contract, what you can prove) change what you gain or pay on the others.
Map my exposure →
Meridian was founded by Anthony Salasidis, who spent 15 years in commodity and metals markets (base metals options, iron ore derivatives, and dry bulk shipping & FFA), much of it brokering for trading desks and institutional clients. He was voted the number one interdealer base metals options broker by Risk magazine.
That career was spent pricing and tracing the same materials these regulations now attach a cost to: steel, aluminium and the raw inputs and freight behind them. Meridian applies that discipline to a new line on the manufacturing P&L, quantifying the exposure, evidencing the number, and capturing the saving.
Tell us your sector and what you import or consume, and we'll tell you quickly where you sit across the stack, which rules apply, and an indicative sense of what they're worth or what they'll cost. No cost, no obligation.
Here about the electricity levy exemption? The BICS value checker gives you an indicative saving and your eligibility position in about a minute.