Argus launches SAF emissions reduction indexes
The assessments and accompanying analytics provide an independent reference for airlines, fuel suppliers, corporate SAF buyers, investors and sustainability specialists evaluating regional SAF competitiveness, aviation decarbonisation costs and the allocation of Scope 3 emissions reductions.
Argus publishes ERIs for Europe, Asia and the US excluding Corsia1, as well as for Europe excluding the EU emissions trading system (ETS). The ex Corsia assessments show the net cost of reducing aviation emissions through the hydrotreated esters and fatty acids synthetic paraffinic kerosene (HEFA SPK) pathway rather than purchasing Corsia eligible emissions units. The ex ETS assessment compares the cost of HEFA SPK with EU ETS compliance costs. Both reflect the net cost of using SAF after accounting for the value of the applicable carbon market pathway. All components of the calculations are derived from market-based assessments.
The ERIs normalise fuel prices on an energy equivalent basis using regional lifecycle emissions assumptions and are published in US dollars per tonne of carbon dioxide equivalent. The daily assessments are also published in US dollars per tonne of fuel to provide visibility of the underlying SAF premiums and support comparison with Argus physical SAF benchmark prices.
Category: Fuels
