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01 Aug 2024 | 15:32 UTC
Platts, part of S&P Global Commodity Insights, has discontinued eight US Renewable Energy Certificates (RECs) price assessments, effective Aug. 1.
Platts has decided to discontinue these assessments due to a lack of liquidity in these markets. This launch follows a proposal note published on May 7, available here: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/050724-platts-proposes-discontinuation-of-nine-us-renewable-energy-certificates-assessments .
However, please note Platts has decided not to discontinue the assessment of Vermont REC Tier 1 Previous Year, following market consultation.
The assessments affected are as follows:
| Assessment | Symbol |
| New Hampshire REC Class 1 Thermal Current Year Vintage | ARFAX00 |
| Vermont REC Tier 1 Next Year Vintage | ARGAH00 |
| Vermont REC Tier 2 Current Year Vintage | ARGAI00 |
| Maryland REC Tier 1 Non Black Liquor Current Year Vintage | AREAT00 |
| DC REC Class 2 Current Year Vintage | ARGAQ00 |
| Virginia In-State SREC 1MW Prior Year Vintage | ARIAW00 |
| Virginia In-State SREC 1MW Current Year Vintage | ARIAX00 |
| Virginia In-State SREC 1MW Next Year Vintage | ARIAY00 |
In addition, the corresponding abatement value and emissions adjusted REC for Maryland REC Tier 1 Non Black Liquor Current Year Vintage would also be discontinued:
| Assessment | Symbol |
| PJM Maryland Tier 1 Non Black Liquor Current Year Abatement Value | AEMKN00 |
| PJM Emissions Adjusted Maryland REC Tier 1 Non Black Liquor Current Year Vintage | AEMJN00 |
Please send all comments, feedback and questions to americas_renewables@spglobal.com and pricegroup@spglobal.com .