Biogas and biomethane and Natural gas

Their prices have moved together.

Biogas and biomethane (chemical) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: substitute

Cost and price · Strong · Both ways

Biomethane is upgraded biogas that can replace fossil gas in the grid, and it sells at the gas price plus subsidies or green premiums. The proxy used is the US Henry Hub gas price, which correlates with European gas at 0.20 monthly and 0.69 yearly, the regions being linked through LNG trade.

• 0.20 monthly change correlation
• 0.69 12-month change correlation
• 0.62 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.