TotalEnergies, Veolia team up to expand biogas output
SUMMARY
The pair will develop and co-invest in a portfolio of international projects, with the target of producing up to 1.5 TWh of biomethane annually by 2025.
By Joseph MurphyPOSTED IN:
TotalEnergies joined forces with French biogas-to-energy firm Veolia to expand production of biomethane from the latter's waste and water treatment facilities in over 15 countries, the companies said on February 2.
The pair will develop and co-invest in a portfolio of international projects, with the target of producing up to 1.5 TWh of biomethane from organic waste annually by 2025. They did not disclose details of any specific projects or their locations, however.
This is enough gas to meet the needs of 500,000 people and avoid some 200,000 metric tons of CO2 annually, they said. TotalEnergies will market it as a renewable fuel for mobility, or as a substitute for natural gas in other areas.
Veolia brings its expertise in biomethane production to the partnership, while TotalEnergies will provide its knowledge of the overall biomethane value chain, they said.
The International Energy Agency projects that biogas production could double by 2040 under existing policies and as much as quadruple if governments ramp up support for development.