Guarantees of origin system for green gases
Key information about the project:
Demand. The use of green gas and the need to substantiate the environmental friendliness of such energy continues to grow in Europe, Lithuanian and foreign companies are already taking an active interest in the possibilities of import and export of green gas origin guarantees in Lithuania. However, these possibilities shall be limited as long as there is no harmonised system of exchange and trade of green gas origin guarantees that has been tailored to all of the EU countries.
Aim. The aim of the REGATRACE (Renewable Gas Trade Centre in Europe) project is to develop an effective and innovative trade system that is based on the issuance and trade of origin guarantees regarding biomethane and other gases, such as hydrogen, produced from renewable energy sources, thus preventing double sale of origin guarantees.
Measures implemented over the course of the project:
- The European system of origin guarantees regarding biomethane and other gases produced from renewable energy sources;
- The establishment of national institutions issuing origin guarantees;
- The integration of origin guarantee systems regarding gases produced from various renewable energy sources and hydrogen;
- Integrated assessment, as well as synergy of the strategy for the mobilisation of raw materials meeting the criteria of sustainability with technologies;
- Support for the development of the biomethane market;
- The sharing of the results with countries that do not participate in the project.
Additional tasks that will be carried out over the course of the project:
- Guidelines for certification of sustainability of gases produced from renewable energy sources;
- Guidelines for the analysis of possibilities of biomethane projects;
- Guidelines for ensuring funding of biomethane investments.
Period of implementation. 2019-2023.
More information about the project:
The network of institutions issuing origin guarantees shall be established by including the existing national biomethane registries (Austria, Denmark, Estonia, Finland, France, Germany, the Netherlands, Switzerland and the United Kingdom) and by creating institutions issuing origin guarantees in the project’s target countries (Belgium, Spain, Ireland, Italy, Poland, Lithuania and Romania).
The REGATRACE project shall also lay the foundations for the creation of national origin guarantee registries in countries that do not participate in the project (Croatia, the Czech Republic, Greece, Latvia, Slovenia, Sweden and Ukraine).
In the REGATRACE project, where a few of the interested countries participate, strategic visions and national plans encouraging the development of the biomethane market will be created. This will also allow for an easier start to the active promotion of the development of the hydrogen gas market at some point in the future.
The creation of proper conditions for green gas activities in Lithuania is not advisable – it is necessary
In Lithuania, green gas activities have only recently started developing, thus it is important to begin operating within this specific domain, which determines the directions for the creation of a system of renewable gas origin guarantee exchange in all of Europe. at the right time. An ambitious national goal has been set – to increase the portion of renewable energy in the energy sector. Therefore, we are seeking to promote transactions of origin guarantees regarding biomethane and other gases produced from renewable sources with other Member States of the European Union. As a gas interconnection between Lithuania and Poland is being built and Estonia is already connected to Finland, favourable conditions appear for cross-border trade of green gas origin guarantees. The results created over the course of the REGATRACE project will ensure smooth operation and transparency of such trade.