Platts proposes to change volume threshold, timestamp and publishing schedule for Brazil I-REC assessments, July 8

Platts, part of S&P Global Energy, is proposing to change the minimum volume threshold for its Brazil International Renewable Energy Certificates, or I-RECs, price assessments, as well as change their timestamp and publication schedule, effective July 8, 2026.

Platts proposes to change the volume specifications from 30-100 gigawatt-hour to 10-100 GWh, to better reflect changes in spot trade volumes in the market.

Platts has observed a shift in volume size, with smaller volumes ranging from 10-30 GWh regularly traded in the market.

Additionally, Platts is proposing to change the timestamp and holiday schedule for its Brazil I-REC assessments and the associated Brazilian real/euro forex rate to align with the local market.

The assessment time would shift from 3:30 pm Mexico City time to 4:30 pm Sao Paulo time and the assessments would follow the Brazil holiday calendar.

The assessments that would be affected by the proposed changes are as follows:

The I-REC assessments currently appear in the fixed pages CLE3208, ETA6100, EVA3000, as well as in the REC Daily and on Energy Core.

Please send all comments, feedback and questions to global_renewables@spglobal.com and pricegroup@spglobal.com by June 5, 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 will make comments not marked as confidential available upon request.