01 Aug 2024 | 15:32 UTC

Platts discontinues eight US REC assessments

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 .