Electric Power, Energy Transition, Renewables

November 30, 2023

Platts proposes discontinuation of US Renewable Energy Certificates Low and High assessments

Platts, part of S&P Global Commodity Insights, is proposing to discontinue all of its low and high values for US Renewable Energy Certificates assessments, effective Feb. 29, 2024.

Platts will continue to publish the close values for these assessments.

The assessments affected are as follows:

Assessment name Assessment code
Connecticut REC Class 1 Prior Year Vintage AREAM00
Connecticut REC Class 1 Current Year Vintage RECCTC1
Connecticut REC Class 1 Next Year Vintage AREAN00
Connecticut REC Class 2 Current Year Vintage AREAO00
Connecticut REC Class 3 Current Year Vintage AREAP00
Massachusetts REC Class 1 Prior Year Vintage AREAA00
Massachusetts REC Class 1 Current Year Vintage RECMAC1
Massachusetts REC Class 1 Next Year Vintage AREAB00
Massachusetts REC Class 2 (non-WTE) Current Year Vintage AREAC00
Massachusetts REC Class 2 WTE Current Year Vintage AREAD00
Massachusetts AEC Current Year Vintage AREAE00
Massachusetts CES Current Year Vintage AREAF00
Maine REC Class 1 Prior Year Vintage ARFAP00
Maine REC Class 1 Current Year Vintage ARFAQ00
Maine REC Class 1 Next Year Vintage ARFAR00
Maine REC Class 1A Current Year Vintage ARFAS00
Maine REC Class 2 Current Year Vintage ARFAT00
New Hampshire REC Class 1 Prior Year Vintage ARFAU00
New Hampshire REC Class 1 Current Year Vintage ARFAV00
New Hampshire REC Class 1 Next Year Vintage ARFAW00
New Hampshire REC Class 1 Thermal Current Year Vintage ARFAX00
New Hampshire REC Class 2 Current Year Vintage ARFAY00
New Hampshire REC Class 3 Current Year Vintage ARFAZ00
New Hampshire REC Class 4 Current Year Vintage ARGAA00
Rhode Island REC Existing Current Year Vintage ARGAB00
Rhode Island REC New Current Year Vintage ARGAC00
Vermont REC Tier 1 Prior Year Vintage ARGAF00
Vermont REC Tier 1 Current Year Vintage ARGAG00
Vermont REC Tier 1 Next Year Vintage ARGAH00
Vermont REC Tier 2 Current Year Vintage ARGAI00
NEPOOL REC Dual Qualified Class 1 Prior Year Vintage ARGAZ00
NEPOOL REC Dual Qualified Class 1 Current Year Vintage ARHAA00
NEPOOL REC Dual Qualified Class 1 Next Year Vintage ARHAB00
Maryland REC Tier 1 Prior Year Vintage AREAQ00
Maryland REC Tier 1 Current Year Vintage RECMDT1
Maryland REC Tier 1 Next Year Vintage AREAR00
Maryland REC Tier 2 Current Year Vintage AREAS00
Maryland REC Tier 1 Non Black Liquor Current Year Vintage AREAT00
New Jersey REC Class 1 Prior Year Vintage AREAU00
New Jersey REC Class 1 Current Year Vintage RECNJT1
New Jersey REC Class 1 Next Year Vintage AREAV00
New Jersey REC Class 2 Current Year Vintage AREAW00
Pennsylvania AEC Tier 1 Prior Year Vintage AREAX00
Pennsylvania AEC Tier 1 Current Year Vintage RECPAT1
Pennsylvania AEC Tier 1 Next Year Vintage AREAY00
Pennsylvania AEC Tier 2 Current Year Vintage AREAZ00
Ohio non-Solar REC Prior Year Vintage ARGAD00
Ohio non-Solar REC Current Year Vintage RECOHI0
Ohio non-Solar REC Next Year Vintage ARGAE00
DC REC Tier 1 Prior Year Vintage ARGAN00
DC REC Tier 1 Current Year Vintage ARGAO00
DC REC Tier 1 Next Year Vintage ARGAP00
DC REC Class 2 Current Year Vintage ARGAQ00
Delaware REC Tier 1 Prior Year Vintage ARGAR00
Delaware REC Tier 1 Current Year Vintage ARGAS00
Delaware REC Tier 1 Next Year Vintage ARGAT00
Delaware REC Class 2 Current Year Vintage ARGAU00
Virginia non-Solar REC Prior Year Vintage ARGAV00
Virginia non-Solar REC Current Year Vintage ARGAW00
Virginia non-Solar REC Next Year Vintage ARGAX00
Virginia In-State non-Solar REC Current Year Vintage ARGAY00
PJM Tri-Qualified REC Tier 1 Prior Year Vintage ARHAC00
PJM Tri-Qualified REC Tier 1 Current Year Vintage ARHAD00
PJM Tri-Qualified REC Tier 1 Next Year Vintage ARHAE00
Texas non-Solar Compliance REC Prior Year Vintage ARFAA00
Texas non-Solar Compliance REC Prior Year Vintage FH ARFAB00
Texas non-Solar Compliance REC Prior Year Vintage BH ARFAC00
Texas non-Solar Compliance REC Current Year Vintage RECTX00
Texas non-Solar Compliance REC Current Year Vintage FH ARFAD00
Texas non-Solar Compliance REC Current Year Vintage BH ARFAE00
Texas non-Solar Compliance REC Next Year Vintage ARFAF00
Texas Green-e Eligible Wind REC Current Year Vintage ARFAI00
Texas Green-e Eligible Wind REC Current Year Vintage FH ARFAJ00
Texas Green-e Eligible Wind REC Current Year Vintage BH ARFAK00
Michigan non-Solar REC Prior Year Vintage ARFAL00
Michigan non-Solar REC Current Year Vintage ARFAM00
Michigan non-Solar REC Next Year Vintage ARFAN00
Michigan iREC Current Year Vintage ARFAO00
New York Tier 1 Prior Year Vintage ARGAJ00
New York Tier 1 Current Year Vintage ARGAK00
New York Tier 1 Next Year Vintage ARGAL00
New York Wind REC Current Year Vintage ARGAM00
M-RETS Compliance REC from CRS Listed Facilities Current Year Vintage FH ARHAF00
M-RETS Compliance REC from CRS Listed Facilities Current Year Vintage BH ARHAG00
NAR Any REC Prior Year Vintage ARHAH00
NAR Any REC Current Year Vintage ARHAI00
NAR Any REC Next Year Vintage ARHAJ00
NAR Any Green-e Eligible REC Current Vintage ARHAK00
NAR Any Green-e Eligible REC Current Vintage FH ARHAL00
NAR Any Green-e Eligible REC Current Vintage BH ARHAM00
NAR Green-e Eligible Wind REC Current Year Vintage ARHAN00
NAR Green-e Eligible Wind REC Current Year Vintage FH ARHAO00
NAR Green-e Eligible Wind REC Current Year Vintage BH ARHAP00
Massachusetts SREC 1 Prior Year Vintage ARHAU00
Massachusetts SREC 1 Current Year Vintage RECMAS0
Massachusetts SREC 1 Next Year Vintage ARHAV00
Massachusetts SREC 2 Current Year Vintage ARHAW00
Maryland SREC Prior Year Vintage ARHAX00
Maryland SREC Current Year Vintage RECMDS0
Maryland SREC Next Year Vintage ARHAY00
New Jersey SREC Prior Year Vintage ARIAG00
New Jersey SREC Current Year Vintage RECNJS0
New Jersey SREC Next Year Vintage ARIAH00
Pennsylvania SAEC Prior Year Vintage ARHAZ00
Pennsylvania SAEC Current Year Vintage RECPAS0
Pennsylvania SAEC Next Year Vintage ARIAA00
Pennsylvania In-State SAEC Current Year Vintage ARIAB00
Pennsylvania In-State SAEC Tier 2 Current Year Vintage ARIAC00
Ohio SREC Prior Year Vintage ARIAI00
Ohio SREC Current Year Vintage RECOHSI
Ohio SREC Next Year Vintage ARIAJ00
DC SREC Prior Year Vintage ARIAK00
DC SREC Current Year Vintage ARIAL00
DC SREC Next Year Vintage ARIAM00
Delaware SREC Class 1 Prior Year Vintage ARIAN00
Delaware SREC Class 1 Current Year Vintage ARIAO00
Delaware SREC Class 1 Next Year Vintage ARIAP00
Virginia In-State SREC <1MW Prior Year Vintage ARIAW00
Virginia In-State SREC <1MW Current Year Vintage ARIAX00
Virginia In-State SREC <1MW Next Year Vintage ARIAY00
Texas SREC Prior Year Vintage ARIAQ00
Texas SREC Current Year Vintage ARIAR00
Texas SREC Next Year Vintage ARIAS00
Texas Compliance SREC from CRS Listed Facilities Current Year Vintage ARIAT00
Texas Compliance SREC from CRS Listed Facilities Current Year Vintage FH ARIAU00
Texas Compliance SREC from CRS Listed Facilities Current Year Vintage BH ARIAV00
New York SREC Prior Year Vintage ARIAD00
New York SREC Current Year Vintage ARIAE00
New York SREC Next Year Vintage ARIAF00
NAR SREC Prior Year Vintage ARIAZ00
NAR SREC Current Year Vintage ARJAA00
NAR SREC Next Year Vintage ARJAB00
NAR SREC CRS Listed Current Year Vintage ARJAC00
NAR SREC CRS Listed Current Year Vintage FH ARJAD00
NAR SREC CRS Listed Current Year Vintage BH ARJAE00
California Bundled REC Bucket 3 Prior Year Vintage AREAK00
California Bundled REC Bucket 3 Current Year Vintage RECCAB3
California Bundled REC Bucket 3 Next Year Vintage AREAL00
California Bundled REC Bucket 1 Prior Year Vintage AREAG00
California Bundled REC Bucket 1 Current Year Vintage RECCAB1
California Bundled REC Bucket 1 Next Year Vintage AREAH00
California Bundled REC Bucket 2 Prior Year Vintage AREAI00
California Bundled REC Bucket 2 Current Year Vintage RECCAB2
California Bundled REC Bucket 2 Next Year Vintage AREAJ00
National Green-e Certified REC Any technology Prior Year Vintage ARHAQ00
National Green-e Certified REC Any technology Current Year Vintage RECUSAV
National Green-e Certified REC Any technology Next Year Vintage ARHAR00
National Green-e Certified Wind Prior Year Vintage ARHAS00
National Green-e Certified Wind Current Year Vintage RECUSWV
National Green-e Certified Wind Next Year Vintage ARHAT00

Please send all comments, feedback and questions to americas_renewables@spglobal.com and pricegroup@spglobal.com by Dec. 14, 2023.

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.