-1200x645-800x430.jpg)
- Successfully accredited to participate under GreenPower’s Renewable Gas Certification
- Program supports renewable energy production and voluntary markets
- RGC certification provides nationally recognised framework
- Renewable gas produced by SA1 project eligible for the creation of RGGO certificates
Delorean Corporation’s (ASX:DEL) SA1 Salisbury project has been successfully accredited as a GreenPower renewable gas project under GreenPower’s Renewable Gas Certification.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
GreenPower is administered by NSW government, and it operates nationally across all Australian jurisdictions.
“With Delorean approaching the final stages of construction, the accreditation of the company’s flagship SA1 project under GreenPower’s Renewable Gas Certification scheme provides further support for advancing this first-of-its-kind facility,” MD, Joe Oliver, said.
“The certification with GreenPower confirms Delorean’s established leadership in the Australian bioenergy landscape. The Program also provides evidence of the increasing role that renewable gas will have in reducing the emissions of gas use.
“The establishment of GreenPower’s Renewable Gas Certification is also further evidence of GreenPower’s commitment to expanding the scope of renewable energy, and specifically renewable gas, in Australia’s energy mix.”
As a GreenPower accredited project, Delorean’s SA1 facility is eligible to generate RGGO certificates linked to its renewable gas production.
GreenPower supports renewable energy production and voluntary markets to access renewable energy in Australia. GreenPower has been operating in the renewable electricity space since 1997.
GreenPower developed the certification to support renewable gas projects and help businesses reduce emissions from gas use. It allows commercial and industrial gas users to match their gas use with renewable gas certificates, reducing their Scope 1 emissions and supporting renewables.
Mr Oliver said the Certification establishes a framework for the creation, transfer and retirement of renewable gas certificates associated with eligible renewable gas production. Renewable gas producers must meet GreenPower’s strict eligibility requirements, which include environmental, social, and other best practice standards.
The certification covers biomethane, biogas, e-methane and renewable hydrogen, offering producers independent verification via RGGO certificates, which capture the environmental attributes of renewable gas. Gas users can purchase RGGOs and match their fossil gas consumption with certified low-emission renewable gas injected into the network on their behalf.
DEL closed down -3.19%, at 9.1¢. Mkt cap $22.99M.
Join the discussion: See what HotCopper users are saying about Delorean Corporation and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.