Testimonial from market players suggests biomethane from product feedstocks (crop, or non-RED II, Annex IX) currently lack liquidity. This is likely due to a combination of the falling crop cap leading to a supply of around 700 GWh and the target consumers preferring larger, infrequent transactions.
Crop-based biomethane had followed similar trends to biomethane GOs in general – experiencing a price rise coinciding with the Russian invasion of Ukraine and associated with the European energy crisis. Then in the second half of 2023, and the beginning of…
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