Aemitis Biogas reports 55% jump in RNG production for March

Aemetis Biogas has announced that its production of renewable natural gas (RNG) increased 55% in March compared to February.
RNG production from anaerobic dairy digesters increases during periods of warmer weather due to improved temperatures for microbial activity that converts organic material into biomethane and the higher production quantity is expected to continue through the summer, according to the company.
Aemetis Biogas also completed a sale of LCFS and D3 RINs at the end of Q1.
The LCFS credits were generated from RNG dispensed as transportation fuel in Q4 2024 and were booked under the California Air Resource Board (CARB) reporting process at the end of the first quarter this year.
The D3 RINs were from production and dispensing of RNG in February 2025.
“Aemetis Biogas uses animal waste feedstock to produce domestic energy which is not directly impacted by import/export tariffs. The significant 55% increase in monthly RNG production in March compared to February is on track with our 2025 production plan and generates proportionally larger LCFS and D3 RIN revenues, as well as Section 45Z sellable tax credits,” stated Eric McAfee, chairman and CEO of Aemetis.
“We are now completing construction of digesters that will process waste from four additional dairies that are expected to be operational in the next few months, supporting the sale of another round of investment tax credits and further increasing RNG production and associated revenues.”
Aemetis Biogas is in the final phase of Low Carbon Fuel Standard (LCFS) pathway approvals for seven dairy digesters by the California Air Resources Board (CARB), which is expected to be received before the end of Q2, which should generate about $6 million per year of increased revenues from LCFS credits at current prices.
CARB is also in the process of finalising its November 2024 LCFS amendments that are expected to significantly increase the mandated demand for LCFS credits, and CARB has just published its final proposed regulations for a 15-day comment period last Friday.
The higher LCFS credit prices expected to be created by these regulations will further increase Aemetis Biogas LCFS revenue proportionally to the LCFS credit price increase, potentially generating up to 300% more total LCFS revenue per MMBtu of RNG.