Swedish Government announces production support for biomethane

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• Sweden will offer subsidies to production, of up to 45 ore/kWh (45 EUR/MWh) for Bio LNG. The total pool of money assigned to the subsidy is yet to be decided.
• The expected increase in supply is not expected to satiate demand, thus a decrease in price is not anticipated.
  
• The industrial and heating are likely the main target demand sectors for the additional biomethane.
• While biomethane has thrived without a GO system, RED II requirements will see a national register developed in the near future.

In alignment with the EC REPowerEU plan, the Swedish government has signalled its intention to support local biomethane production via subsidies on 25 March 20...