Join

The scheme has been designed so that rather than paying an annual membership fee, the producers buy a dividend paying share in the company. This is a similar model to most commodity exchanges (CME  etc.); this share acts as the “exchange seat” and allows producers to access the registry, be allocated BMCs to their account and to offer the BMCs for sale on the platform or bi-laterally.

How to join

The scheme has been designed so that rather than paying an annual membership fee, the producers buy a dividend paying “Plant” (“P”) share in the company. This is a similar model to most commodity exchanges (CME etc.); this share is the “exchange seat” and allows them to access the registry, to be allocated BMCs to their account and to offer the BMCs for sale on the platform or bi-laterally.

The “P” or “Plant” share is a non-voting, but dividend paying share in GGT Ltd, the company has been structured in this way so that producers can share in the benefit of the profitability of GGT Ltd

To request more information on how to sign up your plant please contact the company using the following link info@greengastrading.co.uk

Costs of joining

Plant shares cost £7,500 initially, though it is anticipated that this cost will increase over time.

The scheme has been designed to keep the costs of certification to a bare minimum; the model being that the exchange will seek to take a commission from the re-trading of the BMC rather than taking a large up-front certification fee.

GGT will charge the biomethane producer 4 pence per MWh as a certification fee.

More information

More information on the economic benefits to producers of joining the Biomethane Certification Scheme and the structure of GGT is available on request – please see the contact page.