RNG Industry Expects Voluntary Agreements, New Credits To Spur Growth in 2024

The renewable natural gas industry expects 2024 to be an even bigger year for project starts and dealmaking, building on several market-defining events in 2023.

Last year, regulators and the private sector alike set the table for the industry’s growth over the next few years. The U.S. EPA finalized biogas production targets for multiple years of the Renewable Fuel Standard for the first time, and Vanguard Renewables struck the largest open market deal yet for RNG with AstraZeneca.

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USDA Awards REAP, FPEP Funds to Biogas, Bioenergy Projects