Wednesday, 16 June 2021
Earlier this month, the Green Gas Certification Scheme (GGCS) published a market update covering statistics for Renewable Gas Guarantees of Origin (RGGOs) to the end of March 2021, also summarising key numbers to the end of 2020. We take a look at some of the figures below.
The first quarter of 2021 has already seen new producers come on-board to the scheme, with the number standing at 67 for this last update, up from 63 in 2020 which saw no net change from the previous year.
Consumption for 2021 year to date, reflected in the retirement statistics, amounted to 563 GWh to the end of April 2021.
The Q1 cancellations were 542 GWh, which compares favourably to the Q1 2020 figure of 498 GWh.
The data for retirements by sector were also finalised for 2020 - general domestic consumption of RGGOs was down almost 50% on 2019, which may have reflected a change in household preference away from green gas products in order to save money during the harsh Covid-19 period.
Nevertheless, other consumer sectors held reasonably steady in 2020 compared to 2019, with the industrial/commercial sector growing slightly from 1 151 GWh to 1 186 GWh, which is consistent with pressure on corporations to be seen as sustainable, and green gas GOs being a vehicle for this.
When considering feedstock, the split between crop and more sustainable waste/residue feedstock was approximately even, with crop issuances growing slightly from 1 178 to 1 217 GWh.
Finally, total issuances from the GGCS to the end of Q1 2021 was 11.3 TWh, against a historical retirement figure of 8 TWh.
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