Oregon Governor Kate Brown has signed Senate Bill 98 into law, creating the path for renewable natural gas to become an increasing part of the state’s energy supply. NW Natural, a subsidiary of NW Natural Holding Company (NYSE: NWN), worked with legislators to propose SB 98 to enable utilities to acquire renewable natural gas on behalf of Oregon customers.
Renewable natural gas is a zero carbon resource produced from local organic materials like food, agricultural and forestry waste, wastewater, or landfills, which can be added into the existing natural gas system.
By Market Screener