Argus Launches Biomethane Guarantee of Origin Price Assessments
(Bioenergy Insight) Global energy and commodity intelligence company Argus has launched biomethane guarantee of origin price assessments. Biomethane can be used as an alternative or as a supplement to natural gas in industry, transport and heating. The new Argus Renewable Gas Guarantee of Origin (RGGO) prices cover biomethane from two types of feedstock – energy crops such as maize, wheat or sugar beet, and waste such as dung, slurry and straw, or municipal solid waste. The prices are for biomethane produced in the UK and Denmark, two of the most developed markets.
Waste-derived biomethane commands a higher price than that produced from energy crops, which is seen as less environmentally friendly since it involves land use. In contrast, making biomethane from agricultural, municipal or food waste uses source materials that would otherwise be discarded, resulting in greater greenhouse gas savings. READ MORE