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Metals & Mining Theme, Natural Gas, Energy Transition, Ferrous, Emissions, Carbon
March 26, 2024
Platts, part of S&P Global Commodity Insights, will launch additional monthly natural gas carbon intensity calculations for 5 hubs and locations across North America effective from May 15.
Measuring the carbon intensity (CI) of different commodities has become a growing metric around greenhouse gas emissions from types of production across multiple sectors.
This follows an initial publication of natural gas carbon intensity calculations for eight locations, launched last November:
https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/111523-platts-launches-monthly-north-america-gas-carbon-intensity-measures
The CI for each location will be published in mtCO2e/MMBtu, to reflect total GHG emissions per MMBtu of gas.
In addition, Platts will publish a cost of carbon for the CI calculations as a $/MMBtu equivalent using the Platts Carbon Removal Credit Assessment (CRC, ACRCA00).
It will reflect the cost required to offset the fugitive GHG emissions using credits derived from natural or technological carbon capture.
Carbon intensity calculations and associated costs of carbon will be published on a monthly basis on the 15th of each month.
If the 15th falls on a non-working day, the data will be published on the next working day.
Platts will publish CI calculations for the following additional locations listed below:
The North America Carbon Intensity calculations and associated carbon costs shall be published in the following locations:
Platts Dimensions Pro
Gas Daily
AGP (Americas Gas & Power)
ETA (Energy Transition Alert)
Please send any comments and feedback to Platts_Carbon@spglobal.com, AmericasGasPricing@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.