Platts updates European SAF assessments, March 2, 2026

Platts, part of S&P Global Energy, has excluded Category 3 Tallow from being considered an eligible feedstock for the Platts European SAF assessments.

Platts has also updated the minimum Green House Gas (GHG) savings level to 80% for CIF NWE cargoes, and set guidelines on the Proof of Sustainability (PoS) transfer timeline, effective March 2, 2026.

Category 3 Tallow exclusion

The change follows research indicating that Category 3 Tallow is not eligible for compliance within the scope of the Renewable Energy Directive (RED) in Germany and, subsequently, the ReFuel EU Aviation regulation. Market feedback has supported that SAF derived from Category 3 animal fats has limited fungibility due to sustainability and eligibility concerns.

The change will impact Platts SAF CIF NWE (AJNWD00) and SAF FOB FARAG HEFA-SPK (SUAFA00) assessments.

GHG Savings

Platts has lowered the minimum GHG savings threshold for the SAF CIF NWE cargo assessment (AJNWD00) from 85% to 80%, as calculated under the European Commission's RED II framework. This change aligns with the SAF FOB FARAG barge assessment (SUAFA00) and reflects SAF trade flows arriving in Europe.

PoS transfer timeline

For both the SAF CIF NWE cargo and SAF FOB FARAG barge assessments, Platts has updated expectations around timings of PoS documentation transfer. Effective March 2, the Platts SAF price assessments reflect where the PoS documents are transferred within 30 calendar days of the bill of lading for FOB trades or within 30 calendar days of the completion of discharge for delivered trades, in line with ISCC guidelines.

These changes were initially proposed on Jan. 6 and were formally announced on Feb. 3.

These assessments appear in Biofuelscan, Weekly Biomass Based Diesel report, Oilgram, Marketscan and the Platts price database under the codes above.

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