RIN
4 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Mar 23, 2023 by Brandon Moffat · across every show →
Everything said about RIN, oldest first
Mar 23, 2023 neutral
Moffat: RNG credit value shifted from mostly LCFS to 70% RINs
“What I'd tell you today probably would be sort of 70% RIN, 30% LCFS. Well, depending on which source of gas and where the market goes, all of a sudden that seems to swing back around. So they seem to stabilize each other, so the average range of 50 to 90, depe…”
Mar 23, 2023 positive
Moffat: 10–20 year utility RNG contracts beat volatile spot subsidies
“I actually am totally fine with moving gas to a utility at a lower price, because they're usually willing to sign terms, so 10 or 20 years, and so that just makes lots of logical sense versus a highly volatile LCFS and RIN market.”
Mar 23, 2023
Moffat: Unsubsidized landfill RNG sells for $10 to $20 per MMBTU
“What we've seen from the revenue side or what that gas sells for, it will be anywhere from 10 dollars to 20 dollars a MMBTU is what that gas sells for in the non
LCFS RIN markets. So if this is going to utilities or voluntary buyers, typically you're seeing t…”
Mar 23, 2023 positive
Moffat: Stacking RINs and LCFS pushes dairy RNG to $70–$90/MMBtu
“Where landfill RNG to the utility market may move for 10 to 20 dollars in MMBTU. They can be north of 50 dollars in MMBTU by the time they take the RIN and the LCFS credit in consideration, so they get in a transportation setting, and so the same for dairy. Li…”