Electric Power, Energy Transition, Natural Gas, Renewables, Carbon

September 14, 2023

Platts to discontinue European biomethane GOs mtCO2e conversion calculations

Platts, part of S&P Global Commodity Insights, will discontinue mtCO2e conversions for European biomethane GOs waste assessments on Nov. 17.

The move is due to the market trend of greater emphasis on granular carbon intensity (CI) information as an indicator of value for biomethane certificates.

CI is also less effectively reflected by static conversion factors.

The following symbols will be discontinued as part of this process:

GORUB00, GORUB01, GORDB00, GORDB01, GORGB00, GORGB01, GORNB00, GORNB01

Platts proposed this discontinuation in a note published Aug. 25, available here:

https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/082523-platts-proposes-to-discontinue-european-biomethane-gos-mtco2e-conversion-calculations

The Platts European Biomethane GO assessments are available through the following channels:

European Gas Daily Platts Market Data category EBM

Platts Dimensions Pro

Fixed Pages PGN0876, PEP1107, LNG0841