Platts to begin publishing global I-RECs renewable electricity assessments

Platts, a division of S&P Commodities Insights, will begin to publish global I-RECs renewable electricity certificates assessments for Brazil, Turkey and India from Sept. 5.

The I-RECs assessments will reflect spot deliveries of certificates, representing a minimum 1 GWh, for prior year and current year vintages, rolling to the next vintages at the start of each calendar year.

For example, the vintages reflected in the assessment will be 2021 and 2022 until Dec.l 31, 2022, and will roll into 2022 and 2023 on Jan. 1, 2023.

Assessments will be published for the following technologies and units of measures suited for each region:

For Brazil, assessments will be published in BRL/MWh, USD/MWh and Eur/MWh at a 4:30 pm Sao Paulo Brazil/3:30 pm Houston close for wind, hydro, solar and biomass technologies.

For Turkey, assessments will be in Eur/MWh and USD/MWh at a 4:30 pm London close for wind, hydro, solar and biomass technologies.

For India, the I-RECs assessments will be in INR/MWh, USD/MWh and Eur/MWh at a 5:30 pm India/1200 GMT timestamp for hydro.

Each I-REC represents the environmental attributes of renewable electricity and represents one megawatt hour of electricity generated from renewable sources, as certified and recorded within the I-REC Standard registry.

Please send all feedback and comments to PriceGroup@spglobal.com and platts_carbon@spglobal.com.

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Platts will consider all comments received and will make comments not marked as confidential available upon request.