In France, Argus is launching the world’s first price assessments for French renewable gas guarantees of origin (RGGOs). The new prices, published weekly, expand on Argus’ existing coverage of global energy attribute certificates and renewable fuels markets.
French RGGOs detail the source and timing of biomethane injected into the domestic gas grid.
Certificates can be combined with a proof of sustainability and used by a range of consumers to document the use of biomethane. And depending on specifications, they can also be used to offset payments in the EU emissions trading system (ETS). Argus’ new assessments are for subsidised, grid-injected biomethane and take into account a range of other criteria, including the feedstock used to make the biomethane, additional certification, and EU ETS eligibility.
