LMS dominates the market share for large-scale generation certificates (LGCs) from landfill biogas. LMS was also the first company to create and trade carbon credits from landfill biogas in Australia. LMS’ projects have a dual benefit - they generate base-load renewable electricity and reduce carbon emissions through the destruction of methane. Landfill biogas is one of the most efficient, reliable and cost effective sources of renewable energy.
LMS commissioned its first project under the Renewable Energy Target (RET) in 2002, and today all of our bioenergy facilities are registered under the RET. LMS generated almost 50% of LGCs created from landfill biogas activities in 2018, and generated over 400,000 megawatt hours of base-load renewable electricity.
Australia’s carbon market is constantly evolving. Having been involved in every carbon scheme that has facilitated abatement of landfill biogas in Australia, LMS is at the forefront of developments and a recognised leader in this field. LMS has a dedicated Commercial team who help our project partners to understand the changing opportunities and inherent risks of carbon markets with landfill biogas. Our experience in negotiating the sale of these products also ensures maximum economic benefits for our partners.
LMS' facilities abate over 4 million tonnes (CO2e) of carbon per annum. LMS is issued Australian Carbon Credit Units (ACCUs) for the abatement achieved under the Emission Reduction Fund. LMS holds the most landfill biogas projects accredited under this scheme and to date has been issued with over 50% of the total ACCUs for landfill biogas methodologies.
LMS Energy Pty Ltd (ACN 059 428 474) is an authorised representative, number 431336, of Navitus Pty Ltd (ACN 119 331 118), which holds Australian Financial Services Licence number 425609.