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

Platts, part of S&P Global Energy, has updated 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 has revised the capacity from 26 million gallons to 10 million gallons to better reflect the current market supply.

Platts has also updated key cost inputs, including capital expenditure (capex) and feedstocks, and introduced a royalty cost component. The prices 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, are impacted by this change:

These changes follow a proposal note published July 20 and a decision note issued Aug. 3.

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.

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