€25 Billion in Private Investments Secured for the Growth of the Biomethane Sector in Europe by 2030
The European biomethane sector will receive an injection of €25 billion in private investments by 2030, according to a European Biogas Association (EBA) analysis released today. This represents a 30% increase compared to last year estimates. The 2nd edition of the Biomethane Investments Outlook forecasts €2.1 extra billion investments in the pipeline, but yet to be allocated.
The projected investments by 2030 will result in the installation of 950 new biomethane plants across Europe, alongside the 1,300 facilities already operational. This will add 6.3 billion cubic meters (bcm) of biomethane capacity annually to the continent, which could contribute to avoiding nearly 29 million tons of CO2 emissions each year, providing renewable energy to 5 million European households year-round, and producing 830 thousand tons of fertilizer annually.