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6. April, 2022

Swedish Government announces production support for biomethane

Fuels
Kevin Lim
  • Sweden will offer subsidies to production, of up to 45 ore/kWh (45 EUR/MWh) for Bio LNG. The total pool of money assigned to the subsidy is yet to be decided.
  • The expected increase in supply is not expected to satiate demand, thus a decrease in price is not anticipated.
    The industrial and heating are likely the main target demand sectors for the additional biomethane.
  • While biomethane has thrived without a GO system, RED II requirements will see a national register developed in the near future.
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Biomethane (in this case, biogas upgraded to the same quality as natural gas) is able to receive support of up to 30 ore per kWh (30 EUR/MWh). Liquid biomethane (or Bio-LNG) is able to receive an additional 10-15 ore per kWh produced.

Government bills hav…

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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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