Platts proposes to update SAF NWE and USWC cost of production methodology, effective Aug. 10

Platts, part of S&P Global Energy, is proposing to update its Northwest Europe and its US West Coast Sustainable Aviation Fuel (SAF) cost of production prices, effective Aug. 10, 2026.

Platts recognizes that factors such as input fixed costs have evolved since the initial launch of the cost of production price in 2021, and that technological developments and operational practices continue to influence the cost structure of SAF production.

Based on market feedback, Platts proposes to update the methodology to use S&P Global Energy's Process Economic Program values, which include inputs such as feed rates, capex, yield, and fixed costs.

The prices reflect the production cost of SAF produced via the Hydrotreated Esters and Fatty Acids pathway, using hydrogen, used cooking oil for Europe and beef tallow for US as feedstock.

Coproducts include propane, renewable diesel and naphtha/gasoline, and utility costs considered are natural gas and electricity. The Platts daily prices for feedstocks, coproducts, and utilities are considered.

The main proposed changes are listed below:

The prices that would be impacted by this change are listed in the table below:

The prices' related monthly averages would also be impacted.

These proposed changes follow a consultation opened Oct. 3, 2025.

Platts publishes the SAF (H-S) cost of production prices on Energy Core, in Biofuelscan, Biomass-Based Diesel Report, US Marketscan, Oilgram Price Report and fixed pages PB010, PB012, PB1010, PB1011, PB1013, PB1015, RF158, RF450, RF451, RF480, RF483 and RF1412.

Please submit any feedback, comments, or questions to platts_biofuels@spglobal.com and pricegroup@spglobal.com by July 10, 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.