Pressure Technologies announced that its biomethane processing plant subsidiary, Chesterfield BioGas , has signed a perpetual manufacturing and marketing agreement with current supplier Greenlane Biogas. Chesterfield extended its 5 year agreement at a one off cost of £800,000 after the UK government fixed the feed-in subsidy for renewable biogas under the “Renewable Heat Incentive” (RHI) at 6.5p per kilowatt-hour. A subsidy at this level makes biogas extraction plants, such as the one that Chesterfield installed at a Thames Water treatment plant at Didcot, Oxfordshire last year competitive with Combined Heat and Power (CHP) installations that take advantage of existing tax treatment. Pressure Technology has had an increase in biogas plant sales enquiries since the clarification of the RHI subsidy in mid March.
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