Electric Power, Energy Transition, Renewables

October 14, 2025

Platts to update Renewable Energy Certificates in the Renewable Bitcoin Quarq Spread indexes for all US regions

Platts, part of S&P Global Commodity Insights, will update the Renewable Energy Certificate assessments used in the calculation of the Renewable Bitcoin Quarq Spread indexes for all US regions effective Oct. 17, following the discontinuation of several US REC assessments.

Information on the discontinuation of several US REC assessments can be found at the link here .

The cost of relevant RECs is subtracted from the Bitcoin Quarq spreads published by Platts to calculate the mining profitability using renewable electricity.

The Renewable Bitcoin Quarq Spreads impacted symbols are:

ABIEP00ABIEQ00ABIFZ00ABIGA00
ABIES00ABIET00ABIGF00ABIGG00
ABIEV00ABIEW00ABIGI00ABIGJ00
ABIEY00ABIEZ00AQSAR00AQSAS00
ABIFB00ABIFC00AQSAU00AQSAV00
ABIFE00ABIFF00AQSAX00AQSAY00
ABIFH00ABIFI00AQSBA00AQSCA00
ABIFK00ABIFL00AQSEA00AQSFA00
ABIFN00ABIFO00AQSHA00AQSIA00
ABIFQ00ABIFR00AQSKA00AQSLA00
ABIFT00ABIFU00AQSQA00AQSRA00
ABIFW00ABIFX00AQSTA00AQSUA00
ABIGC00ABIGD00AQSNA00AQSOA00

Please send any questions or comments to powerpricing@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 upon request.