Energy Transition, Renewables

November 12, 2025

Platts proposes to discontinue some Massachusetts, California REC assessments

Platts, part of S&P Global Commodity Insights, proposes to discontinue some Massachusetts and California Renewable Energy Certificates (RECs) price assessments, effective Nov. 26, 2025.

In Massachusetts, the current legislation phased out solar carve-out 1, and solar generation will now be included as part of Class 1 RECs, which are currently assessed by Platts.

Platts is also proposing to discontinue the California REC Prior Year Bucket 1, Bucket 2 and Bucket 3 price assessments due to the lack of liquidity associated with prior vintages, as feedback shows market participants are interested in vintages for current and future compliance years. Platts suspended these assessments Oct. 30, in a subscriber note available here.

The symbols proposed to be discontinued are as follows:

SymbolAssessment
RECMAS0Massachusetts SREC 1 Current Year Vintage Wkly
MECMAS0Massachusetts SREC 1 Current Year Vintage Wkly (Mirror)
AREAG00California Bundled REC Bucket 1 Prior Year Vintage Wkly
AREAI00California Bundled REC Bucket 2 Prior Year Vintage Wkly
AREAK00California REC Bucket 3 Prior Year Vintage Wkly
AEMIH00CAISO Emissions Adjusted California Bundled REC Bucket 1 Prior Year Vintage
AEMIH03CAISO Emissions Adjusted California Bundled REC Bucket 1 Prior Year Vintage MAvg
AEMIB00CAISO California Bundled Bucket 1 Prior Year Abatement Value
AEMIJ00CAISO Emissions Adjusted California Bundled REC Bucket 2 Prior Year Vintage
AEMIJ03CAISO Emissions Adjusted California Bundled REC Bucket 2 Prior Year Vintage MAvg
AEMID00CAISO California Bundled Bucket 2 Prior Year Abatement Value
MREAG00California Bundled REC Bucket 1 Prior Year Vintage Wkly (Mirror)
MREAI00California Bundled REC Bucket 2 Prior Year Vintage Wkly (Mirror)
MREAK00California REC Bucket 3 Prior Year Vintage Wkly (Mirror)

The assessments proposed for discontinuation are currently found in the fixed pages CLE3202, CLE3205, PEA751, PEA0752, EVA3007, EVA3010, AGP2751 and AGP2752, as well as REC Daily and Megawatt Daily.

Please send any questions, comments, or feedback by Nov. 18 to americas_renewables@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 make comments not marked as confidential available upon request.