Energy Transition, Renewables, Emissions

April 01, 2025

Platts clarifies the roll-over date of UK Renewable Energy Guarantees of Origin

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/MWhERGY200ERGY203
Non-Bio Current CP Eur/MWhEEGY200EEGY203
Non-Bio CP 01 GBP/MWhERGY300ERGY303
Non-Bio CP 01 Eur/MWhEEGY300EEGY303
Non-Bio CP 02 GBP/MWhERGY400ERGY403
Non-Bio CP 02 Eur/MWhEEGY400EEGY403
Bio Current CP GBP/MWhECGY200ECGY203
Bio Current CP Eur/MWhEDGY200EDGY203
Bio CP 01 GBP/MWhECGY300ECGY303
Bio CP 01 Eur/MWhEDGY300EDGY303
Bio CP 02 GBP/MWhECGY400ECGY403
Bio CP 02 Eur/MWhEDGY400EDGY403

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.

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