Platts updates SAF NWE and USWC cost of production methodology, effective Aug. 10

Platts, part of S&P Global Energy, has updated its Northwest Europe and US West Coast Sustainable Aviation Fuel 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 has updated 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 the 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 changes are listed below:

The assessments impacted by this change are listed in the table below:

These changes also impact the assessments' related monthly averages.

These changes follow a proposal note published June 29, and a decision note issued July 13.

Platts may update the HEFA cost of production prices at least annually. These updates, when needed, will reflect changes in fixed costs and depreciation whenever there are changes to the prevailing Process Economic Program values released by S&P Global Energy.

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.

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