22 Jul 2024 | 03:05 UTC

Platts changes ACCU, NZU MOC timestamps

Platts, part of S&P Global Commodity Insights, has changed the Market on Close timestamps for its Australian Carbon Credit Unit (ACCU) and New Zealand Unit (NZU) assessments to better align with the concentration of market liquidity, effective July 22.

For ACCUs, the timestamp has moved to 1630 Melbourne/Sydney/Canberra time (0630 GMT), from the previous timestamp of 1930.

Platts has also changed the MOC timestamp for its NZU assessment to 1830 Auckland/Wellington/Christchurch time (0630 GMT), from 1930 previously.

Platts understands that multiple ACCU market participants are also active in the NZU market, and a similar Platts Market on Close assessment process time aligns with existing market practices.

The change in timestamp has impacted the following ACCU assessments:

Assessment  Daily Code     Monthly Code     Currency 

ACCU Generic 

 ACCGA00  ACCGA03 AUD 

ACCU HIR  

 ACCHA00  ACCHA03   AUD 

ACCU Generic No AD Differential 

 ACGAD00  ACGAD03  AUD 
ACCU Environmental Plantings  ACCEP00 

ACCEP03 

 AUD 
ACCU Savanna Fire Management Indigenous  ACSFI00 

ACCEP03

 AUD 

ACCU Savanna Fire Management Non-indigenous

 

 ACSFI00  ACSNI03  AUD 

The change in timestamp has impacted the following NZU assessment:

Assessment  Daily Code  Monthly Code   Currency 

NZU 

 ANZUA00  ANZUA03  NZD 

These assessments are published in the Platts Carbon Markets Daily, on Platts Carbon Markets Alert and Energy Transition Alert, and in the Platts Pricing Database under the market data category ACM.

Platts published a decision note for the change in MOC timestamps for its ACCU and NZU assessments in a June 21 subscriber note available here.

Please send any feedback or questions on this change to Platts_Carbon@spglobal.com and PriceGroup@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 to the public upon request.