Platts to update SAF ETJ USGC cost of production methodology, Aug. 24

Platts, part of S&P Global Energy, will update its US Gulf Coast ethanol-to-jet (ETJ) sustainable aviation fuel (SAF) cost-of-production prices, effective Aug. 24, 2026.

Based on delays in the originally planned US SAF ETJ facilities and evolving production costs, Platts will revise the capacity from 26 million gallons to 10 million gallons to better reflect the current market supply.

Platts will also update key cost inputs, including capital expenditure (capex) and feedstocks, and introduce a royalty cost component. The prices will continue to reflect the cost of producing SAF via the ethanol-to-jet pathway using ethanol and hydrogen as feedstocks.

The main changes are listed below:

The following assessments, and their related monthly averages, will be impacted by this change:

Platts proposed these changes on July 20.

Platts publishes the ETJ cost-of-production prices in Energy Core, Biofuelscan, Biomass-Based Diesel Report, US Marketscan, Oilgram Price Report and fixed pages PB010, PB012, PB1011, PB1015, PRF450, PRF480, PRF483, PRF158 and PRF451.

Please submit any feedback, comments, or questions to platts_biofuels@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.