SUBSCRIBER NOTE: Platts discontinues European emissions price assessments

Following industry consultation, S&P Global Platts has discontinued its daily European emissions price assessments of EU Allowances (EUAs) and Certified Emission Reductions (CERs), effective May 2, 2017.

The last day of assessment was Friday, April 28, 2017.

The discontinuation reflects evolving market dynamics and increased transparency of European emissions market pricing information.

Platts has re-focused its European emissions coverage on carbon market news, data analysis and other market-relevant content.

Platts European emissions price assessments have been discontinued in European Power Daily, on European Power Alert pages EP390, EP391 and EP481, on Global Coal Alert pages GC920 and GC922, and in Platts Market Data category EU. Platts continues to publish daily third party European emissions prices and trading volume data from the exchanges, ICE Futures Europe, European Energy Exchange (EEX) and NASDAQ OMX.

Platts has transferred all European emissions market data from Platts Market Data category ET to EU, also effective May 2, 2017.

The discontinued symbols are: EUAs expiring in December 2017, 2018, 2019 and 2020: EADSP17, EADSP18, EADSP19, EADSP20

CERs expiring in December 2017, 2018, 2019 and 2020: CERDE17, CERDE18, CERDE19, CERDE20

EUA monthly rolling averages: EAMSI17, EAMSI18, EAMSI19, EAMSI20

EUA monthly averages: EADS317, EADS318, EADS319, EADS320

CER monthly rolling averages: CERRA17, CERRA18, CERRA19, CERRA20

Platts has renamed the symbols listed below and populated this series with third party exchange settlement data from EEX:

EUAs: EADLP00 (nearest December), EADLP11 (nearest December plus 1), EADLP22 (nearest December plus 2)

CERs: CERLE00 (nearest December), CERLE11 (nearest December plus 1), CERLE22 (nearest December plus 2)

In light of this decision, Platts has reviewed the use of emissions pricing data in its European clean spark and clean dark spread calculations and fuel switching indicators and has replaced Platts OTC emissions assessments with the daily EUA futures settlement data from EEX, effective May 2.

Platts continues to invite comments and questions to power@spglobal.com with a copy to pricemethodology@spglobal.com.