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Energy Transition, Renewables, Emissions
April 01, 2025
Platts, part of S&P Global Commodity Insights, wishes to clarify the roll-over date of its UK Renewable Energy Guarantees of Origin (REGO) price assessments, which was recently updated here(opens in a new tab).
While the compliance period for Platts' UK REGO assessments used to roll on April 1 each year, they now roll on July 2. This is to incorporate trading of REGOs until they are counted by Ofgem for the Fuel Mix Disclosure -- the main use of these certificates.
While the compliance period is now assessed from July 2 of the current year to July 1 of the following year, Platts still takes into account REGOs produced from April 1 of the current year to March 31 of the following year.
For example, CP-24 will be assessed as the current compliance period from July 2, 2025, to July 1, 2026; taking into account REGOs produced between April 1, 2025, and March 31, 2026.
The impacted assessments are as follows:
Assessment: | Daily code: | Monthly average code: |
Non-Bio Current CP GBP/MWh | ERGY200 | ERGY203 |
Non-Bio Current CP Eur/MWh | EEGY200 | EEGY203 |
Non-Bio CP 01 GBP/MWh | ERGY300 | ERGY303 |
Non-Bio CP 01 Eur/MWh | EEGY300 | EEGY303 |
Non-Bio CP 02 GBP/MWh | ERGY400 | ERGY403 |
Non-Bio CP 02 Eur/MWh | EEGY400 | EEGY403 |
Bio Current CP GBP/MWh | ECGY200 | ECGY203 |
Bio Current CP Eur/MWh | EDGY200 | EDGY203 |
Bio CP 01 GBP/MWh | ECGY300 | ECGY303 |
Bio CP 01 Eur/MWh | EDGY300 | EDGY303 |
Bio CP 02 GBP/MWh | ECGY400 | ECGY403 |
Bio CP 02 Eur/MWh | EDGY400 | EDGY403 |
These assessments can be found in REC Daily, European Power Daily, and on the fixed page PEP1106.
Please send all feedback and comments to pricegroup@spglobal.com and guaranteeoforigin_certificates@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.