Event - 5th European Conference and Expo Biogas Power ON 2023
- Renewable Energy
Among other renewables, biogas is gaining more popularity than ever. It’s one of the results of the recent energy crisis and dispute about Europe’s energy independence & security. The coming years will be a turning point for the development and scaling up of biogas production to its full potential.
The green transformation will strengthen economic growth, security, and climate action for Europe and our partners. Scaling up biomethane partnerships like The Biomethane Industrial Partnership (BIP), launched on 28 September 2022, will support the achievement of the EU target of 35 bcm annual production and use of sustainable biomethane by 2030.
It will also create the preconditions for a further ramp-up of biogas potential towards 2050. Biogas is a cost-efficient path to achieve our ambition to reduce imports of natural gas from Russia.Increasing the capacity of biogas production in the EU and promoting its conversion into biomethane needs an estimated investment amounting to EUR 37 billion euros over the period.