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3. June, 2024

Portugal opens competitive process for renewable gases

Fuels
Kevin Lim

The Portuguese government officially launched an auction for the centralised purchase of renewable gases, hydrogen and biomethane, with a pool of EUR 140 million. The scheme and funding have been approved by EC State Aid decision SA. 109042, which we previously reported on in December 2023.

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Agreements with producers will take the form of Contracts for Difference (CfDs), where investors/prospective producers will bid a strike price for their eventual output. The reference price will be the physical gas price. The producers will also surrender …

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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