Gas South Partners with Element Markets to Offer FlexRNG
Monday, May 16th, 2022
Gas South, one of the leading natural gas marketers in the Southeast, announced an agreement with Element Markets to offer a new, first-to-market sustainable energy product, FlexRNG.
FlexRNG is a blend of renewable natural gas (RNG), natural gas derived from organic waste material, and certified carbon offsets generated by a range of projects that reduce carbon emissions. The initial product is composed of 5% RNG and 95% carbon offsets, offering industrial users a cost-effective method to harness RNG and demonstrate their environmental, social and governance (ESG) standards.
"As we continue showcasing our commitment to renewable energy, Gas South is proud to partner with Element Markets to provide this innovative product to our commercial, industrial and municipal customers," said Kevin Greiner, president and CEO of Gas South. "FlexRNG is an affordable way to make environmentally conscious energy choices more accessible, so we are thrilled to bring it to market."
By offering FlexRNG to its customers, Gas South is providing an important and effective tool for companies aiming to achieve net zero emissions. FlexRNG customers will be able to track their emissions reduction progress every month according to the blend they select. Additionally, customers will have the unique opportunity to purchase FlexRNG on a three-year contract, which means they'll have access to pricing and supply options not accessible outside of wholesale RNG markets. While the base FlexRNG will have a 5:95 ratio, the product is customizable. Customers can increase the RNG percentage in their blend to accelerate their net zero emission goals.