Veolia, Waga Energy and ENGIE team up to develop French RNG industry

May 29, 2024 |

In France, Veolia, Waga Energy and ENGIE have created an unprecedented partnership to take a significant step forward in the development of the RNG industry in France.

Since March 2022, Veolia has been supplying Waga Energy with biogas from the Claye Souilly landfill site in the Île-de-France region to produce RNG using its patented WAGABOX® technology. This RNG was initially sold to ENGIE under the feed-in tariff subsidized by the French government.

A Biomethane Purchase Agreement (BPA), valuing RNG at a higher price than the subsidized price, came into force on May 1, 2024, for a period of 13 years. This is the longest BPA signed in France to date, which enabled Waga Energy to retain the financing of the RNG production unit through a long-term loan from the CIC and Arkéa Banque Entreprises et Institutionnels banks.

Through this agreement, ENGIE will be able to market unsubsidized RNG to its customers, who will thus be able to demonstrate a reduction in the environmental impact of their activities and the carbon footprint of their products. The green value of this renewable gas is underpinned by the resale of Guarantees of Origin and Proof of Sustainabilitycertificates issued as part of ISCC1 certification.

Veolia’s Claye Souilly site is home to one of France’s largest RNG production units, with an annual capacity of 120 GWh of RNG per year, equivalent to the consumption of around 20,000 households. Its commissioning avoids the emission of around 20,000 tons of CO2eq by reducing the use of fossil natural gas.

Tags: , ,

Category: Fuels

Thank you for visting the Digest.