Brussels, 18th of June, 2024. Rome recently hosted the Global Bioenergy Partnership (GBEP) Bioenergy Week, an event organised annually by the Food and Agriculture Organization of the United Nations (FAO). During the session “Sustainability criteria and GHG emission savings thresholds for gaseous biofuels in the EU”, the crucial role of the Biomethane Industrial Partnership in achieving the EU Renewable Energy Directive’s targets was highlighted.
With the EU targeting a 42.5% renewable energy target by 2030, and an aspirational goal of 45%, the establishment of the BIP is pivotal in advancing these ambitious targets. The session provided an opportunity to highlight the crucial role of stakeholder engagement and showcased the achievements and ongoing efforts of the BIP in driving the EU’s renewable energy agenda.
Increasing biomethane production and usage can highly contribute to meeting the Union’s overall renewable energy targets and the renewable energy shares of individual Member States. The session also emphasised the importance of biomethane in measuring compliance with renewable energy obligations, particularly in the transport sector, and its eligibility for financial support for consumption.
Lastly, the session provided policy updates and projections for the biomethane industry: