Energy Transition, Emissions, Renewables

November 19, 2025

Platts to discontinue some Massachusetts, California REC assessments

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

Platts initially proposed the discontinuation Nov. 12, in a published subscriber note available here.

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 will also 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 to be discontinued are as follows:

Symbol

Assessment

RECMAS0

Massachusetts SREC 1 Current Year Vintage Wkly

MECMAS0

Massachusetts SREC 1 Current Year Vintage Wkly (Mirror)

AREAG00

California Bundled REC Bucket 1 Prior Year Vintage Wkly

AREAI00

California Bundled REC Bucket 2 Prior Year Vintage Wkly
AREAK00California REC Bucket 3 Prior Year Vintage Wkly

AEMIH00

CAISO Emissions Adjusted California Bundled REC Bucket 1 Prior Year Vintage

AEMIH03

CAISO 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

AEMIJ03

CAISO Emissions Adjusted California Bundled REC Bucket 2 Prior Year Vintage MAvg

AEMID00

CAISO California Bundled Bucket 2 Prior Year Abatement Value

MREAG00

California Bundled REC Bucket 1 Prior Year Vintage Wkly (Mirror)

MREAI00

California Bundled REC Bucket 2 Prior Year Vintage Wkly (Mirror)

MREAK00

California REC Bucket 3 Prior Year Vintage Wkly (Mirror)

The assessments are currently found in the fixed pages CLE3202, CLE3205, PEA0751, PEA0752, EVA3007, EVA3010, AGP2751 and AGP2752, as well as REC Daily and Megawatt Daily.

Please send any questions, comments, or feedback 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.