REPowerEU and EBA Biomethane Proposal: What benefits do they bring to the biomethane certificate market?

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REPowerEU (biomethane focus)

The European Commission (EC) introduced, in early March, REPowerEU (also see our previous article) as a joint European urgent action for more affordable, secure, and sustainable energy, in reflection of Russia's invasion of Ukraine and rising energy prices in Europe. The REPowerEU primarily focuses on gas as it significantly impacts the power market.  Its action plan is based on three main pillars:

Among various measures within these pillars, biomethane has been included as one of the important solutions to mitigate the European energy crisis. The action calls for...