24 Jan 2018 | 04:39 UTC — Houston

SUBSCRIBER NOTE: Platts confirms discontinuation of 2016 RIN, RVO assessments

Effective February 1, 2018, S&P Global Platts will no longer publish 2016 RIN values for Ethanol RIN (D6), Biodiesel RIN (D4), Cellulosic Biofuel RIN (D3) and Advanced Biofuel RIN (D5). In line with the Platts methodology, the last assessment for 2016 RINs will be January 31, 2018.

The assessments impacted are: Ethanol RIN (D6), published under lifetime code Cal-Year 2016 RD62016 Biodiesel RIN (D4), published under lifetime code Cal-Year 2016 RD42016 Cellulosic Biofuel RIN (D3), published under lifetime code Cal-Year 2016 RD32016 Advanced Biofuel RIN (D5), published under lifetime code Cal-Year 2016 RD52016

The discontinuation of the 2016 RIN values will result in Year 1 rolling code moving to the 2017 RIN assessments and the Year 2 rolling code moving to the 2018 RIN assessments.

Ethanol RIN (D6) rolling code RINCY01 will then reflect the 2017 D6 RIN and the rolling code RINCY02 will then reflect the 2018 D6 RIN. Biodiesel RIN (D4) rolling code BDRCY01 will then reflect the 2017 D4 RIN and the rolling code BDRCY02 will then reflect the 2018 D4 RIN.

Cellulosic Biofuel RIN (D3) rolling code CBRCY01 will then reflect the 2017 and the rolling code CBRCY02 will then reflect the 2018 D3 RIN.

D5 RIN Advanced Biofuel RIN (D5) rolling code ABRCY01 will then reflect the 2017 D5 RIN and the rolling code ABRCY02 will then reflect the 2018 D5 RIN.

Platts also confirms that in conjunction with the discontinuation of the 2016 RIN assessments, effective February 1, 2018, Platts will also discontinue the 2016 Renewable Volume Obligations calculation, under the code RVOY2016. This is published on Platts Biofuels Alert on page 302.

Platts welcomes all feedback and questions to americas_ags@spglobal.com, with a cc to 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.