Italgas’ €1bn investment in Greek gas infrastructure prioritises ...
Dec 9, 2024 · Italgas has announced a total investment of €1 billion in Greece as part of the Group’s 2024-2030 Strategic Plan. This programme will be delivered by its subsidiary Enaon, focusing on four main pillars to support Greece’s ongoing ecological transition. It will methanise areas not yet connected to the gas distribution network, thus contributing to the…
RNG Coalition welcomes Section 48 ITC final rule
Dec 5, 2024 · The Coalition for Renewable Natural Gas (RNG Coalition) has welcomed the U.S. Department of the Treasury’s issuance of the final rulemaking on the Section 48 Investment Tax Credit (ITC) expanded under the Inflation Reduction Act (IRA). The updated regulations represent a significant step forward for the biogas and renewable natural gas (RNG) industries in North…
Willand Biogas’ Somerset plant collapses into administration
Nov 21, 2024 · Willand Biogas’ plant by the Somerset border has entered administration, having failed to secure funds to rescue its operation. Accounts for 2022 showed it was more than £23 million in debt, as well as subject to a £38.75 million loan. Administrators at London-based restructuring and recovery specialists Moorfields Advisory Ltd are attempting to sell the…
EBA: Europe produced 22bcm biogas and biomethane last year
Dec 5, 2024 · Combined biogas and biomethane production in 2023 amounted to 22 bcm, according to the 14th edition of the Statistical Report published by the European Biogas Association. This is more than the entire inland natural gas demand of Belgium, Denmark and Ireland combined, and represents 7% of the natural gas consumption of the European Union in…
Enviva enters final steps of bankruptcy as NYSE delisting looms
Oct 15, 2024 · The New York Stock Exchange will delist Enviva’s stock by October 22, reported Lesprom. This marks the company’s decline, following a 2022 market valuation of almost $6 billion. Enviva’s financial difficulties emerged from a failed bet on pellet prices, which ultimately caused its bankruptcy and wipted out shareholders. Initially, the company had offered shareholders a…
COFORD sets out recommendations for forest-based biomass in …
6 days ago · The Irish government’s COFORD Council for Forest Research and Development has published a paper that recommends future policies to support an expanded role of forest-based biomass. The paper, entitled “Forest Based Biomass and Modern Bioenergy, Moving to Net Zero”, complements and rounds out an earlier series of COFORD statements on …
Bioenergy Europe unveils views on bioenergy’s role in Clean …
Dec 12, 2024 · Bioenergy Europe has unveiled its views on the role of bioenergy in the EU’s upcoming Clean Industrial Deal. The organisation highlights how bioenergy can drive industrial decarbonisation, boost EU competitiveness, and enhance energy security as part of the EU’s transition to a net-zero economy by 2050. As emphasised by European Commission President Ursula von der…
“Overcoming financial and policy challenges will enable growth in ...
Dec 3, 2024 · Jay Morrod, renewable gas analysis team lead at STX Group, identifies the challenges and opportunities. Biomethane is emerging as a crucial energy source for decarbonising hard-to-abate sectors such as transportation, chemicals, and heavy industry. This renewable natural gas, derived from organic matter like agricultural and food waste, sewage sludge and other biodegradable materials, offers ...
Nortegas Group receives €80m EU grant for biomethane plants
Nov 29, 2024 · The European Investment Bank (EIB) has granted Nortegas Group a framework financing of up to €80 million to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain and launch a digital operations centre. The EIB and InvestEU-financed project will enable the development of the …
Barbados biomass project powers cars with sargassum
Nov 25, 2024 · A group of Caribbean scientists and environmentalists are working to transform sargassum into biofuel, reported the BBC. In 2011, huge amounts of the seaweed entered Caribbean beaches – bringing a pungent odour as it rotted. Seven years later, Barbados’ prime minister Mia Mottley said sargussum was a national …