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Electric Power, Energy Transition, Renewables, Emissions
January 17, 2024
Platts, part of S&P Global Commodity Insights, is amending the additional emissions-adjusted US Renewable Energy Certificates that it will begin to publish Jan. 18.
EA RECs and the corresponding carbon abatement values from REsurety will be published for the following instruments, effective Jan. 18:
CAISO California Bundled REC Bucket 1 Current Year Vintage
CAISO California Bundled REC Bucket 1 Prior Year Vintage
CAISO California Bundled REC Bucket 2 Current Year Vintage
CAISO California Bundled REC Bucket 2 Prior Year Vintage
M-RETS Emissions Adj Compliance REC from CRS Listed Facilities Curr Year VTG FH
M-RETS Emissions Adj Compliance REC from CRS Listed Facilities Curr Year VTG BH
MISO Michigan non-Solar REC Current Year Vintage
PJM DC REC Tier 1 Current Year Vintage
PJM Maryland REC Tier 1 Current Year Vintage
PJM Maryland REC Tier 1 Non Black Liquor Current Year Vintage
PJM New Jersey REC Class 1 Current Year Vintage
PJM New Jersey SREC Current Year Vintage
PJM Ohio SREC Current Year Vintage
PJM Ohio non-Solar REC Current Year Vintage
PJM Tri-Qualified REC Tier 1 Current Year Vintage
PJM Pennsylvania AEC Class 1 Current Year Vintage
PJM Pennsylvania SAEC Current Year Vintage
PJM Virginia non-Solar REC Current Year Vintage
These are in addition to existing EA RECs and abatement values for ERCOT that were launched Nov. 2.
Platts will not publish EA RECs for the following instruments Jan. 18:
CAISO California Bundled REC Bucket 3 Current Year Vintage
CAISO California Bundled REC Bucket 3 Prior Year Vintage
PJM DC REC Tier 1 Prior Year Vintage
PJM DC SREC Current Year Vintage
PJM DC SREC Prior Year Vintage
PJM Delaware REC Class 2 Current Year Vintage
PJM Delaware REC Tier 1 Current Year Vintage
PJM Delaware REC Tier 1 Prior Year Vintage
PJM Delaware SREC Class 1 Current Year Vintage
PJM Delaware SREC Class 1 Prior Year Vintage
PJM Maryland REC Tier 1 Prior Year Vintage
PJM Maryland SREC Current Year Vintage
PJM Maryland SREC Prior Year Vintage
PJM New Jersey REC Class 1 Prior Year Vintage
PJM New Jersey SREC Prior Year Vintage
PJM Ohio SREC Prior Year Vintage
PJM Ohio non-Solar REC Prior Year Vintage
PJM Tri-Qualified REC Tier 1 Prior Year Vintage
PJM Pennsylvania AEC Class 1 Prior Year Vintage
PJM Pennsylvania In-State SAEC Current Year Vintage
PJM Pennsylvania In-State SAEC Prior Year Vintage
PJM Pennsylvania SAEC Prior Year Vintage
PJM Virginia In-State non-Solar REC Current Year Vintage
PJM Virginia non-Solar REC Prior Year Vintage
MISO Michigan non-Solar REC Prior Year Vintage
Platts previously announced it would launch further EA RECs on Dec. 8 in a subscriber note available here.
Platts invites feedback on any areas of particular focus.
REsurety's historical granular LME data and hourly generation modelling provides estimates of the carbon abated in each hour by each project.
Underlying LME values will be updated on a monthly cadence.
Please submit any feedback, comments or questions to americas_renewables@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.
Platts will consider all comments received and will make comments not marked as confidential available upon request.