Platts to launch additional non-biomass UK REGOs assessments, Aug 24

Platts, part of S&P Global Energy, will launch two additional non-biomass UK Renewable Guarantees of Origin price assessments, effective Aug. 24, 2026.

Platts initially proposed this launch via a subscriber note published July 3.

This is in response to market feedback calling for greater price transparency on later Compliance Periods (CPs) for UK REGOs. The assessments will complement Platts' existing offerings in the UK REGOs market, including non-bio and bio current CP to CP02 assessments.

The assessments will reflect the non-biomass UK REGOs for CP03 and CP04.

Platts rolls the compliance period reflected in its UK REGO assessments July 2 to reflect the trading of REGOs until they are counted by Ofgem for the Fuel Mix Disclosure -- the main use of these certificates.

From Aug. 24, 2026, to July 1, 2027, Platts will assess the following compliance periods:

• Compliance period+3 REGOs: CP28
• Compliance period+4 REGOs: CP29

Platts will launch the following assessments:

The assessments will have the following specifications:

• Volume: Minimum volume: 5 GWh
• Vintage: The Compliance Period for REGOs rolls over on July 2 each year. In terms of the production period, Platts takes into account REGOs produced from April 1 of the current year to March 31 of the following year.
• Technology: Non-biomass technologies, typically wind, solar, and hydro REGOs.
• Pricing unit: GBP/MWh, along with a Eur/MWh conversion
• Frequency: Daily
• Timestamp: 16:30 pm London close
• Holiday Calendar: UK holiday calendar.

These daily assessments will be published in the REC Daily and European Power Daily.

Further details on Platts renewable certificate assessment specifications can be found here.

Please send all comments, feedback, and questions to Global_Renewables@spglobal.com and pricegroup@spglobal.com.

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.