Platts launches global biofuel calculations and spreads

S&P Global Platts has launched global spreads and ratios using existing biofuel, credit and refined product assessments, effective Sept. 2, 2021.

The calculated spreads and ratios provide insight into the price of greenhouse gas reductions using biofuels, carbon credit values for biofuels and the relationships between biofuels and related fossil fuels.

The following prices represent spreads and ratios between existing Platts assessments:

Description

Code

Asia Biodiesel-Gasoil Spread

ASIAA00

Asia HVO-Gasoil Ratio

ASIAB00

Asia HVO-Gasoil Spread

ASIAC00

Asia SAF-Jet Fuel Ratio

ASIAD00

Asia SAF-Jet Fuel Spread

ASIAE00

Chicago Ethanol-Gasoline Spread

ACHIA00

Current-Year D4/D5 RIN Spread

ACURC00

Current-Year D4/D6 RIN Spread

ACURD00

Current/Next Year D6 RIN Spread

ACURA00

Current/Previous Year D6 RIN Spread

ACURB00

European Biodiesel-ULSD Spread

AEURA00

European Ethanol-Gasoline Spread

AEURB00

European HVO-ULSD Ratio

AEURF00

European HVO-ULSD Spread

AEURG00

European SAF-Jet Fuel Ratio

AEURJ00

European SAF-Jet Fuel Spread

AEURK00

USWC RD-Diesel Ratio

AUSWB00

USWC RD-ULSD Spread

AUSWC00

USWC SAF-Jet Fuel Ratio

AUSWG00

USWC SAF-Jet Fuel Spread

AUSWH00

The following prices represent the value of each point of Carbon Intensity (CI) per gallon of fuel under Californias Low Carbon Fuel Standard. The published CI prices per point are calculated using the Platts assessment of front-quarter California LCFS credits ($/mt) and the energy density of the relevant fuel, as published by the California Air Resources Board.

Description

Code

Biodiesel CI Value Per Point

ABDIA00

CARB Diesel CI Value Per Point

ACRBA00

CARBOB CI Value Per Point

ACRBB00

CaRFG CI Value Per Point

ARFGA00

Renewable Diesel CI Value Per Point

ARENA00

USWC SAF CI Value Per Point

ASCIA00

USWC RD Credit Value

AUSWA00

USWC SAF Credit Value

AUSWF00

The following prices represent the cost of reducing greenhouse gas emissions using physical biofuels in Europe. The calculations adjust Platts biofuels and refined product assessments based on energy densities published in the European Commissions Renewable Energy Directive and then compare the greenhouse gas emissions scores for biofuels and fossil fuels published in RED.

Description

Code

European FAME 0 GHG Savings

AEURC00

European FAME-10 GHG Savings

AEURD00

European HVO GHG Savings

AEURE00

European PME GHG Savings

AEURH00

European RME GHG Savings

AEURI00

European SME GHG Savings

AEURL00

European UCOME GHG Savings

AEURM00

European SAF GHG Savings

AGHGA00

The prices are published in the Platts price database under the descriptions and codes listed above and on the Energy Transition page on Platts Dimensions Pro. Please send any feedback or questions to americas_ags@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if the comments are not intended for publication by S&P Global Platts for public viewing. S&P Global Platts will consider all comments received and will make available comments not marked as confidential upon request.