The European Commission and industry leaders, committed to the green energy transition, launched the Biomethane Industrial Partnership (BIP) to fast forward the EU’s 2030 biomethane production target, which could support the block’s energy independence from Russia.
This new public-private partnership was announced in the REPowerEU Plan to support the achievement of the target to increase the annual production and use of biomethane to 35 billion cubic metres by 2030.
The partnership comes at a time when the bloc strives to phase out its dependency on natural gas from Russia in a cost-effective way. The initiative is expected to substantially contribute to an integrated net-zero energy system, but also to diversify farmers’ incomes and ensure a circular approach.
“Europe has huge potential for the production of biomethane,” said Executive Vice-President Timmermans. “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.
Commissioner for Energy, Kadri Simson noted that 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 for growth, share best practices and foster collaboration to rapidly increase biomethane in production and use,” she underlined.
Harmen Dekker, CEO of the European Biogas Association underlined that the biomethane sector is ready to meet the 35 bcm target, which requires 70 to 80 billion euros of investment.
The Biomethane Industrial Partnership is open to all interested stakeholders that wish to work towards achieving its objective. All EU countries are invited to join the Biomethane Industrial Partnership, together with companies, industry associations, academia and civil society organisations.