PGNiG, Polish Bourse Pen Biomethane Deal

Polish gas company PGNiG said on January 12 it had agreed to co-operate with the Polish Power Exchange (TGE) on developing a market for biomethane in the country.

The pair intend to jointly prepare solutions for creating and developing the market. TGE is not only a centre for gas trading but also certificates of origin that show that energy has been produced in a green way, and the platform's experience here can be leveraged to develop a support scheme for biomethane, PGNiG said. 

"‘PGNiG has been an active member of the gas exchange market since its inception and continues to contribute to its development, as evidenced, among other things, by the record-high volume of natural gas trading on TGE in 2020," the gas firm's president Pawel Majewski commented. "Now we are about to a new chapter of cooperation, which will allow us to create modern market solutions in the field of biomethane trading."