CEDIGAZ’s annual report “Global Biomethane Market – 2025 Assessment” is now available, providing a comprehensive analysis of a rapidly evolving sector. The report details significant growth, with global renewable natural gas (RNG) production reaching 9.25 bcm in 2023 and forecasted to approach 12 bcm in 2024. Europe and North America remain the leading regions, while emerging markets such as Brazil, China, and India show promising momentum.
Zero Carbon Gas
GLOBAL BIOMETHANE MARKET – 2024 ASSESSMENT
Biomethane in full gear
CEDIGAZ has just published its 2024 annual report on the global biomethane market which focuses on recent trends in global and regional biomethane markets in 2023. According to CEDIGAZ, global biomethane production expanded to 7.7 billion cubic metres (bcm) in 2022, a growth of 20% compared to 2021, driven by Europe and North America. It is estimated at 9.5 bcm in 2023, an increase of 23%. Driven by strong structural policy and market drivers, the biomethane market is poised for a huge expansion over this decade and beyond. The targets announced by regional and national governments around the world exceed 100 bcm/y by 2030. Reaching this ambitious level requires the adoption of the right policy and regulatory framework, an acceleration of support, and faster permitting, which many governments have put in place in 2023.
CLEAN HYDROGEN: BUILDING LARGE-SCALE SUPPLY CHAINS
Cedigaz has just released its thematic report “CLEAN HYDROGEN: Building Large-scale Supply Chains”, which assesses progress in the development of large-scale clean hydrogen supply chains worldwide and looks at industry efforts to produce clean hydrogen.
THE NEW WORLD HYDROGEN ECONOMY
Since 2017, governments from 18 countries have adopted national hydrogen strategies for deploying clean (low and zero carbon) hydrogen energy solutions. Leading companies around the world are proactively investing in clean hydrogen and related technologies. The transition to clean hydrogen would create a significant step-change in hydrogen production technology in terms of scale and costs, making clean hydrogen solutions more attractive not only for industry, but also in all other sectors. Clean hydrogen is an emerging market. It is a key lever for achieving deep decarbonisation, specifically in hard-to-abate sectors like transport. It can tackle various critical energy challenges, including facilitating the large-scale integration of intermittent renewables, enabling grid balancing and seasonal storage. It can also help to improve air quality and strengthen energy security. Its potential is immense and future developments depend on energy and environmental policies, cost reductions and competition with other low-carbon options.