19 Apr 2023 | 14:25 UTC

Platts clarifies certification specification for European biomethane GO assessments

Platts, part of S&P Global Commodity Insights, would like to clarify the certification specification for European biomethane guarantees of origin.

The assessments for Denmark and the Netherlands reflect certified guarantees of origin, while the RGGO assessments for the UK reflect uncertified volumes.

Certification is considered as a voluntary standard achieved by a producer of biomethane which the market accepts as improving fungibility of the associated guarantee of origin.

This includes, but is not exclusive to, standards such as ISCC and REDCert.

The clarification affects waste and manure biomethane assessments for Denmark and the Netherlands, as well as the crop and waste assessment for UK RGGOs:

Eur/MWh

GBP/MWh

Eur/mtCO2e

UK Renewable Gas Guarantees of Origin (RGGO) Waste Spot

GORUA00

GORUC00

GORUB00

UK Renewable Gas Guarantees of Origin (RGGO) Waste Yr01

GORUA01

GORUC01

GORUB01

UK Renewable Gas Guarantees of Origin (RGGO) Crop Spot

AUKAA00

AUKAC00

N/A

UK Renewable Gas Guarantees of Origin (RGGO) Crop Yr01

AUKAB00

AUKAD00

N/A

Denmark Biomethane Guarantees of Origin (GO) Waste Spot

GORDA00

N/A

GORDB00

Denmark Biomethane Guarantees of Origin (GO) Waste Yr01

GORDA01

N/A

GORDB01

Denmark Biomethane Guarantees of Origin (GO) Manure Spot

ADENA00

N/A

N/A

Denmark Biomethane Guarantees of Origin (GO) Manure Yr01

ADENB00

N/A

N/A

Netherlands Biomethane Guarantees of Origin (GO) Waste Spot

GORNA00

N/A

GORNB00

Netherlands Biomethane Guarantees of Origin (GO) Waste Yr01

GORNA01

N/A

GORNB01

Netherlands Biomethane Guarantees of Origin (GO) Manure Spot

ANETA00

N/A

N/A

Netherlands Biomethane Guarantees of Origin (GO) Manure Yr01

ANETB00

N/A

N/A

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