Argus launches first French biomethane guarantee of origin price assessments
New assessments bring additional transparency to subsidised, grid-injected biomethane market in
Argus Media chairman and chief executive
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
Biomethane, a natural gas equivalent made from a variety of energy crops and waste products, is playing a growing role in a range of voluntary and compliance markets in
French RGGO prices have typically been at a discount to equivalent regional markets such as
Argus' French RGGO prices will be published weekly in Argus Global Energy Certificates and Argus Biofuels. Argus already publishes a wide range of assessments for electricity guarantees of origin and for alternative fuels, including sustainable aviation fuel, biodiesel and ethanol, many of which are used in physical and derivatives contracts globally. Argus also publishes prices, news and analysis for the parallel European natural gas market.
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About Argus Media
Argus is the leading independent provider of market intelligence to the global energy and commodity markets. We offer essential price assessments, news, analytics, consulting services, data science tools and industry conferences to illuminate complex and opaque commodity markets.
Headquartered in
Companies, trading firms and governments in 160 countries around the world trust Argus data to make decisions, analyse situations, manage risk, facilitate trading and for long-term planning. Argus prices are used as trusted benchmarks around the world for pricing transportation, commodities and energy.
Founded in 1970, Argus remains a privately held
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