Renewable natural gas (RNG) often generates usable energy from waste products, reduces methane emissions, and creates new revenue streams. However, not all RNG projects are financially or technically feasible. We assessed the total RNG potential of currently available local waste feedstocks in the state of Minnesota and analyzed the financial and technical limitations for project development. We found that under ideal production conditions the RNG potential from municipal solid waste, dairy and hog farm manure, and municipal wastewater solids in the state could replace approximately 7.5% of current Minnesota natural gas use. We find that technical and financial factors such as project size, financing, and distance to an existing pipeline further reduce the number of feasible RNG project sites in Minnesota. Virtual pipelines – trucking RNG short distances to pipeline injection stations – improved the modeled profitability of 124 out of 175 projects (71%) by decreasing transmission costs. No projects are financially feasible without state or federal renewable fuel credit programs because direct sale of RNG alone does not cover project costs. Dairy manure projects have the lowest levelized cost of energy, the highest total revenue, and the shortest payback period compared to municipal solid waste landfill and wastewater treatment plant projects of similar size. This difference is because manure anaerobic digestion projects are eligible for larger credits under renewable fuel credit programs than municipal solid waste landfills and wastewater treatment plants, but this credit system limits end-use of the RNG to vehicle fuel. Our contribution helps provide an outline for the magnitude of current natural gas use in Minnesota replaceable via RNG projects.