Renewable natural gas is headed for the moon
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Renewable Natural Gas \\u2013 also known as RNG or biomethane \\u2014 has gained attention in recent years as a lower-carbon replacement for conventional fossil natural gas. Rising demand for RNG has helped push prices for the associated environmental attributes up to anywhere from five to forty times the price of physical natural gas. As the market has grown, so has the need for transparent pricing. In response, S&P Global Commodity Insights launched first-of-kind pricing for landfill gas RNG for the California and outside-of-California markets in May.\\xa0
What supports those premiums for RNG and how does S&P Global see demand for this low-carbon gas alternative developing in the future? Kelsey Hallahan, team lead for low carbon commodities, discusses with low carbon pricing analyst Hope Raymond, senior biofuels analyst Jamie Dorner, and senior director for the S&P Global Hydrogen and Renewable Gas Forum Alex Klaessig.
Inflation Reduction Act: A Pragmatist\'s Guide
Prices in this episode:
North America Renewable Natural Gas Premium (California) - AEWAA00
EU Biomass Guarantees of Origin (GO) Current Yr Eur/MWh --\\xa0EBGY200\\xa0
Low Carbon Fuel Standard Carbon Credits Front Quarter -- AAXYA00\\xa0