Platts amends North American production cost-based renewable methanol methodology

Platts, part of S&P Global Commodity Insights, has amended the methodology for its FOB USG production cost-based renewable methanol valuation to better align with market practices, effective June 2, 2025.

Platts has changed its electricity price input to reflect a previous-quarter average.

The eMethanol valuation (FGGMD00, FGGMD03, FGGMD04) represents the cost of production, transportation, and storage for renewable methanol.

The assessment remains aligned with the assumptions of the Process Economics Program (PEP) formula, which provides a calculation of production costs for renewable methanol, produced via electrolysis and direct air-captured carbon dioxide.

The assessment is published on fixed pages PCA0347, PCA0242, PCA0447, PCA0541, PCA0872, as well as in the Europe and Americas Petrochemicalscan and Solventswire publications under the above-mentioned symbols.

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