As energy prices continue to soar across Europe, biomethane could – once scaled-up – cover 30-40% of the EU gas demand at considerably lower cost, according to a report by the European Biogas Association (EBA).
The sharp rise in natural gas prices over the past year has seen European governments struggle to reduce the impact of energy prices on citizens’ energy bills.
Up €18/MWh (megawatt hour) compared to a year ago, the current natural gas price of €80/MWh is likely to remain the same – or increase – come next winter.
However, the rapid scaling-up of biomethane could provide a short-term and long-term solution.
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