[Nikan]

Very likely, yes, unless a few things happen at once (capital costs normalize, more low-cost feedstock projects come online, and low-term contracting becomes standard).

The future next driver imo usually looks like a combination of:

– Longer term procurement and contract structures (so projects can finance on predictable cashflows)

– Stackable incentives (provincial and federal programs, grants, loan guarantees)

– Carbon Market credit value that projects can bank on (where elegible)

Sooo: the mandate can keep the market moving, but to scale sustainably, you typically need an additional layer that turns RNG into a financeable infrastucture asset, not just a compliance blend