Marvel Expands Biomethane Services Across Canada and Europe

Published on: 08 July 2022
by KnowESG

Marvel Power Group (Marvel), a woman-owned renewable energy advisory organisation, is expanding its brokerage services to Canada and Europe to commemorate its third anniversary. In addition to covering new geographies, Marvel will begin arranging deals for CO2, sustainable aviation fuel (SAF), carbon offsets, and hydrogen.

In the first quarter of 2022, Marvel signed its first long-term agreement with a Canadian partner, effectively structuring a 10-year project offtake for carbon-negative green gas. 

Marvel currently has a substantial demand pipeline from parties wanting renewable natural gas (RNG) for US transportation, Science-Based Targets attainment, Canadian Clean Fuels, and European International Sustainability & Carbon Certification (ISCC) programmes.

There are no indications of a slowdown in the RNG market's meteoric expansion of over 250 per cent year over year. 

In addition to stable demand from on-road vehicles, gas utilities, and governments, environmentally conscious enterprises are acquiring RNG to meet their environmental obligations and energy security concerns. 

Low or negative-carbon RNG provides an alternative to fossil fuels that do not necessitate operational disruptions or costly investments in new technology. 

Considerations over energy independence, long-term pricing stability, and cybersecurity have provided further tailwinds to an already growing sector.

Katherine Ryzhaya, Marvel’s CEO, said: “As a leading advisor and broker of high-volume RNG, we are beyond pleased to celebrate our anniversary with global expansion. 

"We’ve worked hard to earn our clients' trust through unparalleled knowledge, market reach and commitment to service. As the largest broker by volume to the utility and corporate sectors, we’ve been pleased to open new markets and present new monetisation opportunities to our hard-working RNG producers. Our success is owed entirely to our world-class clients and partners.”

Source: Bioeneregy Insight

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