Element Markets Renewable Energy, LLC, a wholly-owned subsidiary of Element Markets, registered the first wastewater treatment facility under the U.S. EPA’s Renewable Fuel Standard.
Element Markets purchases the biogas produced at the facility and sells it into the transportation sector for use as vehicle fuel, creating environmental credits under the Renewable Fuel Standard and California’s Low Carbon Fuel Standard (LCFS).
“This project shows the advancements that have been made in the renewable natural gas sector, and we are happy to be involved with such a great project,” Element Markets Chief Executive Officer and President Angela Schwarz said.
Element Markets registered the project under the federal renewable fuel standard program, making it the first wastewater treatment plant registered under the RFS. Element will manage the generation of and sale of any RIN credits from that program.
About Element Markets, LLC
Element Markets is a leading renewable natural gas marketing and environmental commodities company that applies its diverse expertise to provide structured environmental compliance and optimization services to prominent corporate and institutional clients. The company has a long history within the emissions, carbon, renewable energy credit, biogas and renewable fuel credit markets. The company has twice been named as the “Emissions House of the Year” by Energy Risk Magazine. Element Markets is headquartered in Houston, Texas and more information about the company is available at www.elementmarkets.com.