Agriculture, Energy Transition, Refined Products, Biofuel, Renewables, Jet Fuel
January 02, 2026
Platts modifies CFPC calculation for US BBD and SAF, RIN multiplier for US RD, Jan. 2, 2026
Platts, part of S&P Global Energy, has updated the Clean Fuel Production Credit (CFPC) calculation, and the Renewable Identification Number (RIN) multiplier used in several Platts biofuels assessments in the US, effective Jan. 2, 2026.
After considering feedback and conducting operational analysis, Platts has launched the project effective Jan. 2, 2026, instead of Jan. 5, 2026, as detailed in a note available here.
The CFPC updates have impacted the biodiesel, renewable diesel (RD) and SAF assessments, while the RIN multiplier update has impacted the RD assessments.
The modifications are based on the latest guidance stated in the One Big Beautiful Bill Act, and the proposed rule for the Renewable Fuel Standard (RFS) for 2026 and 2027.
Clean Fuel Production Credit
According to the One Big Beautiful Bill Act, the carbon intensity (CI) is rounded to the nearest multiple of 5 kgCO2/MMBtu to calculate the CFPC.
Therefore, Platts calculates the CFPC as follows:
(50 – CI rounded)/50 x max. credit value
The actual CI (in kgCO2/MMBtu) for every fuel is stated in Platts methodology . In line with the One Big Beautiful Bill Act , the max. credit value for biomass-based diesel produced in 2026 is 100 cents/gal.
The impacted assessments are:
| Assessment | Outright | Premiums | Monthly averages |
| Biodiesel B 100 SME Chicago | AAURR00 | NA | AAURR03 |
| Biodiesel B 100 SME Houston | AAURS00 | NA | AAURS03 |
| R100 San Francisco | AAUWE00 | AAUWI00 (RD100 SF vs NYMEX ULSD) RAUWI00 (RD100 SF vs CARB ULSD) | AAUWE03, AAUWI03, RAUWI03 |
| R100 Los Angeles | AAUWC00 | AAUWG00 (RD100 LA vs NYMEX ULSD) RAUWG00 (RD100 LA vs CARB ULSD) | AAUWC03, AAUWG03, RAUWG03 |
| SAF CA | SAFCA00 | SAFCB00 ( SAF CA vs Jet LA) | SAFCA03, SAFCB03 |
| SAF IL | SAFCD00 | SAFCE00 (SAF IL vs Jet Chicago) | SAFCD03, SAFCE03 |
| SAF Cost of Production (H-S, Tallow) w/ Credits USWC | ASAFK00 | NA | ASAFK03 |
RIN multiplier
According to the proposed rule for the Renewable Fuel Standard for 2026 and 2027, the equivalence value for renewable diesel specified would change to 1.6 RIN/gal from 1.7 RIN/gal.
Therefore, Platts has changed the RIN multiplier for all renewable diesel assessments with credits attached.
The impacted assessments are:
| Assessment | Outright | Premiums | Monthly Averages |
| R100 San Francisco | AAUWE00 | AAUWI00 (RD100 SF vs NYMEX ULSD), RAUWI00 (RD100 SF vs CARB ULSD) | AAUWE03, AAUWI03, RAUWI03 |
| R100 Los Angeles | AAUWE00 | AAUWG00 (RD100 LA vs NYMEX ULSD) RAUWG00 (RD100 LA vs CARB ULSD) | AAUWE03, AAUWG03, RAUWG03 |
| RD soybean oil margin indicator | RRDFJ00 | NA | RRDFJ03 |
| RD tallow margin indicator | RRDFK00 | NA | RRDFK03 |
Platts publishes biomass-based diesel and SAF prices in Platts Connect, Biofuelscan, Biomass-Based Diesel Report and fixed pages PBF0010, PBF0011 and PBF0012. SAF prices also appear in the Oilgram Price Report, Global Ethanol Report and fixed pages PGA0158, PRF0158, PGA0450, PRF0450, PGA0480, PRF0480, PGA0483 and PRF0483.
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