The first biomethane Guarantees of Origin (GOs) from transport-subsidised plants were auctioned on 20 March 2024, with almost 0.5 TWh on offer, representing production from Q4 2023. Almost 380 GWh (77%) were eventually sold, at an average price of EUR 1.20/MWh compared to a reserve of EUR 0.92/MWh.
By monthly vintage, October production had tepid demand (50%) whereas December 2024 production was close to sold out (95%). Price variation by month was minimal (EUR 1.13-1.25/MWh). Compared to other European markets (notably the UK RGGO market, with the …
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