Market Report | November 2023

“In October, we have seen record prices achieved in the REGO market.”

Clare Haigh, Head of Environmental Markets at C-Zero
Clare Haigh

RGGO prices are still in a slow decline as demand from Europe dries up 

Clare Haigh


  • RGGO trades have been thin on the ground this month, but sellers are beginning to get used to the new reality of lower prices.
  • Waste and Crop certificates have fallen further and are now close to parity at around the low £20’s, with some Crop trades just below the £20 mark.
  • RGGOs from 100% waste plants still command a bit of a premium, mostly from European buyers, and we’re seeing some demand for Waste with ISCC accreditation, with prices in Europe close to 50 Euros/MWh.
  • The REA Green Gas Day earlier in the month was very well attended, and it was interesting to see some different faces from other industries as well as the usual producers, service providers and Utility buyers.
  • There has been increased interest from corporates in securing supplies of Biogas, with notable deals done between Future Biogas and Astra Zeneca seemingly just the tip of the iceberg.
  • The Government has extended the deadline for applications to the Green Gas Support Scheme (GGSS) to 31st March 2028, citing difficulties in commissioning AD plants and securing feedstocks, which further boosts the Green Gas sector.

“RTFC price collapsed but stable”

Bruce Brown

Bruce Brown

Head of Client Partnership at C-Zero