The European Commission and industry leaders launch Biomethane Industrial Partnership (BIP) to support the 35 billion cubic metre (bcm) targets on biomethane by 2030.
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The European Commission and industry leaders, committed to the green energy transition, launched on September 28, 2022, the “Biomethane Industrial Partnership” (BIP). This new public-private partnership was announced in the REPowerEU Plan.
Europe has huge potential for the production of biomethane. With biomethane, we can replace fossil gas from Russia with homegrown, sustainable, and renewable gas. Biomethane also creates new economic opportunities in rural areas. The Biomethane Industrial Partnership that we launch today will be instrumental to increase the production and use of biomethane across the EU, said Frans Timmermans, EVP of the European Commission in charge of the European Green Deal.
The “Biomethane Industrial Partnership” (BIP) aims to support the achievement of the target to increase the annual production and use of biomethane to 35 billion cubic metres (bcm) by 2030. This will reduce Europe’s dependency on natural gas from Russia in a cost-effective way.
At the same time, it will substantially contribute to an integrated net-zero energy system, diversifying farmers’ incomes and ensuring a circular approach.
The Biomethane Industrial Partnership is open to all interested stakeholders that wish to work towards achieving its objective.
The companies in the value chain are looking forward to working together to ensure a steep and simultaneous increase in biomethane production, grid connection, and off-take, said Ole Hvelplund, CEO of Nature Energy.
All EU Member States are invited to join the Biomethane Industrial Partnership, together with companies, industry associations, academia, and civil society organizations.
Europe has great potential for producing biomethane, a green alternative for natural gas. In the current energy supply crisis, we cannot allow this potential to go to waste. The new Biomethane Industrial Partnership is open to all stakeholders to overcome barriers to growth, share best practices, and foster collaboration to rapidly increase biomethane in production and use said Commissioner Kadri Simson.
A technical kick-off of the Biomethane Industrial Partnership will take place on October 25, 2022.
The biomethane sector is ready to meet the 35 bcm target which requires 70 to 80 billion euros of investment. The Biomethane Industrial Partnership will be instrumental in Europe to drive joint efforts to overcome barriers to investment, production, and use, ended Harmen Dekker, CEO of EBA.
