Wednesday, 30 September 2020
Greenfact has recently published its market report on the European Biomethane Certificates Market.
Highlights include:
The report caters to European gas producers, suppliers, and corporates looking to green their gas portfolios, as well as those interested in the development of biomethane in the EU, and the associated certificate markets.
Europe has experienced a dynamic development of biomethane production in recent years, as a renewable gas and drop-in replacement for LNG. Current biomethane production in Europe has reached 23 TWh per annum and is projected to be in excess of 1 000 TWh by 2050.
Emerging trends such as sector coupling and biomethane use as a transport fuel will result in business opportunities for project developers, investors, and asset owners. In conjunction with increasing biomethane demand, the market for biomethane certificates is growing at a rapid pace.
For gas suppliers and corporates, procuring biomethane certificates is a viable method to green their gas portfolios and set the respective greenhouse gas (GHG) emissions to zero. Many countries have established biomethane registers and some engage in cross-border trading.
The report goes into greater detail on pricing and specific schemes and registers for biomethane certificates, as well as the interplay between certificates and other environmental schemes such as the EU ETS.
See our store for a table of contents preview, or if you wish to gain access.