3 ms·
Their target methane price is $10/kcf. That's not "an order of magnitude more expensive". It's about 2X current prices in the US and significantly cheaper t
by bryanlarsen 3y ago
Their target methane price is $10/kcf. That's not "an order of magnitude more expensive". It's about 2X current prices in the US and significantly cheaper than European prices.
Natural gas prices are dominated by the price of transportation in most places. Terraform's process can produce close to where it's consumed.
In other words, if the price of natural gas is $0 in Alberta, Terraform might be able undercut the price of that gas in Europe by setting up a plant in Spain.