Utilities Scale Up Renewable Natural Gas Purchases, Expand Project Portfolios
Gas utility operators are poised to become bigger players in the renewable natural gas market in 2022 as customers expand commitments to procure low-carbon fuels.
Utility executives touted the renewable natural gas, or RNG, volumes flowing through their distribution networks and promoted project portfolios during quarterly earnings conference calls. For some gas distributors, new state policies promoting low-carbon fuel use presented opportunities to initiate or increase RNG purchases, executives said.