Stillwater's Credit Price Outlook Offerings
A trusted, third-party outlook on LCFS credit prices.
Stillwater’s Credit Price Outlooks help fuels producers and investors navigate credit market uncertainty and plan for the future.
Our LCFS Credit Price Outlook along with credit price outlooks for Oregon’s Clean Fuels Program (CFP), British Columbia’s LCFS (BC-LCFS), and U.S. Renewable Fuel Standard (RFS) RINs provide unique, in-depth perspectives on the future of each credit market.
LCFS Credit Price Outlook
Stillwater’s price projection for California’s LCFS program based on our analysis of the supply of low-CI fuels in California, the demand for fossil gasoline and diesel, our outlook on carbon intensities (CIs) of each fuel pool, and the evolution of the LCFS regulation. We offer base, high, and low price curves for LCFS credits through 2035 in addition to an accelerated carbon intensity reduction schedule credit price curve.
Oregon CFP Credit Price Outlook
A qualitative assessment of the CFP, taking into account the age and stage of the CFP as compared to California’s more mature LCFS program, and the history of LCFS and CFP credit prices. Stillwater will provide the base case, high, and low price curves for CFP credits.
BC-LCFS Credit Price Outlook
A qualitative assessment of the BC-LCFS which explains the differences between the BC-LCFS and California’s LCFS program and the value BC-LCFS credit prices will have to meet to compete with the California market.
RFS RINs Price Outlook
A report providing a quantitative analysis of the market conditions that drive RINs prices including an overview of the RFS program, historical credit volumes and pricing, and a 10-year RINs price outlook.