Brief: Scandinavian Biogas Targets To Reach 3 TWh Capacity In Europe By 2030

Biokraft International AB

17/02/2022 06:39

Feb 17 (Reuters) - Scandinavian Biogas Fuels International
AB  BIOGAS.ST :
    * SCANDINAVIAN BIOGAS DEFINES LONG TERM TARGET FOR 2030 - 3
TWH
BIOGAS PRODUCTION, MAINLY BIO-LNG
    * MARKET FOR HEAVY TRANSPORTATION VEHICLES IS EXPECTED TO
GROW
FROM 2.800 TO 280.000 VEHICLES IN 2020S (SOURCE: NGVA), CUSTOMER
SEGMENT DEMANDING SUBSTANTIAL SHARE OF ENERGY TO BE BIO-LNG
    * FOR SAME PERIOD BIOGAS AND BIO-LNG PRODUCTION IS EXPECTED
TO
GROW IN EUROPE FROM 191 TWH TO 467 TWH
    * SBF HAS DECIDED AS A LONG-TERM TARGET TO REACH AN ANNUAL
BIOGAS
PRODUCTION CAPACITY IN EUROPE BY 2030, ON A LEVEL OF 3 TWH
BIOGAS, MAINLY BIO-LNG
    * FINANCIAL GOAL BY 2024 TO REACH AT LEAST 700 GWH ANNUAL
CAPACITY
IS UNCHANGED

Source text for Eikon:  ID:nWkr3nfv7R 
Further company coverage:  BIOGAS.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))