23 Feb 2022 | 16:17 UTC

Platts launches publication of European Biomethane Guarantee of Origin assessments

S&P Global Platts has begun publishing daily European Biomethane Guarantee of Origin (GO) price assessments, effective February 23, 2022.

The launch of daily Biomethane GO price assessments for non-crop certificates is for the UK, the Netherlands, Germany and Denmark assessing spot and year-ahead generation. The spot assessment reflects transactions for immediate delivery where contracts have a minimum validity of three months from the date of transaction.

The forward year assessment reflect transactions for delivery in the next calendar year of contracts that are issued in that same calendar year. These assessments are published in Eur/MWh for Germany, the Netherlands and Denmark. The UK assessments are published in GBP/MWh and Eur/MWh. Assessments are also be converted into their Eur/mtCO2e equivalent.

The Platts assessments reflect bids, offers and trades of a minimum of 1GWh of Biomethane GOs. Platts does not currently apply a maximum to the volumes reflected in its assessments. These assessments will reflect the value of Biomethane GOs at the 16:30 London time market close.

The Platts European Biomethane GO assessments are available through the following channels:

  • European Gas Daily Platts Market Data category EBM
  • Platts Dimensions Pro
  • Fixed Pages PGN0876, PEP1107, LNG0841

Platts invites all questions and feedback to Platts_Carbon@spglobal.com, power@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.