Discover how biogas can help reduce the carbon footprint and be a clean and renewable source of energy. Learn about business opportunities in Brazil and how the country can reach a production of up to 460 million MMBTU by 2030.
What can be expected from the biogas market in 2023? The biogas sector is one of the most promising in the world energy sector and plays a key role in the economy of many countries. According to the International Energy Agency, biogas generation grew by around 20% between 2004 and 2017, and the trend is expected to continue in the coming years.
Although still small, the Brazilian biogas market has increasingly received investments from large fuel companies. Biogas is a mixture of carbon dioxide and methane used to generate electricity and fuel.
In recent years, the use of hydrogen as an energy source has become an agenda. After all, it is considered the fuel of the future, as it is a clean and renewable option.
As there is no exclusive regulation for biogas and biomethane, historically, the Brazilian regulations that govern these markets have more connection with other fuels, such as ethanol and biodiesel than with natural gas. This occurred because the laws that dealt with gas dealt only with natural gas of fossil origin, excluding other sources.
It is not new that people use biogas as a source of energy. If the most common form of use is as fuel for power generation or in vehicles, biogas can also be sustainable and contribute to agriculture.
The 2022 United Nations Climate Change Conference, better known as the UNFCCC Conference of the Parties, or COP 27, took place from November 6 to 18, 2022, in Egypt. During the 12-day conference, country representatives and civil society discussed ways to face and adapt to climate change.
Biomethane is a substitute for natural gas that can be generated from animal and plant sources. Understand about the approval of the resolution.
More and more companies are investing in carbon credits and renewable energy. With the need to decarbonize the matrixes, governments and organizations are beginning to mobilize to reduce or eliminate their emissions of polluting gases.
Part of the large Brazilian companies have already understood the importance and relevance of ESG goals within organizations. Increasingly, environmental, social and governance issues become priorities with internal changes and even compensation programs for executives linked to the achievement of goals.