Platts proposes to update project type for Vietnamese Hydro I-REC price assessments, March 2

Platts, part of S&P Global Energy, proposes to update its Vietnamese Hydro I-REC assessments to reflect I-RECS generated from small hydropower plants, effective March 2, 2026.

The assessments currently reflect I-RECs generated from large hydropower plants.

The proposed change is intended to align the assessments with market preferences to procure small hydro I- RECs instead of large hydro I- RECs, due to RE100 requirements.

RE100 is a coalition of over 400 international companies committed to exclusively using renewable energy. Effective January 2024, the initiative requires that sourced electricity come from power generation facilities less than 15 years old. This effort aims to stimulate new investments in renewable energy, including hydropower, while reducing CO2 emissions.

The assessments that would be impacted by this change are as follows:

The assessments are found in the fixed pages PEP1102, PEP1105, CLE2201, EVA2009, EVA2002 and in Platts REC Daily, Platts Megawatt Daily, and Platts European Power Daily.

Please send all comments, feedback, and questions to global_renewables@spglobal.com and pricegroup@spglobal.com by Feb. 19, 2026.

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.