Biomethane Market Valuation to Reach US$ 5.1 Billion by 2030 Amid Increasing Global Focus On Reducing Carbon Emissions- Persistence Market Research [Yahoo! Finance]
E.ON SE S/ADR (EONGY)
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Source: Yahoo! Finance
Learn about challenges, opportunities, and collaborations driving biomethane adoption. Make informed decisions with comprehensive market insights. New York, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Biomethane Market Overview: The biomethane market has gained significant attention in recent years as a sustainable and renewable energy source that contributes to the reduction of greenhouse gas emissions. Biomethane, also known as renewable natural gas (RNG), is produced through the anaerobic digestion or upgrading of biogas derived from organic waste, agricultural residues, and wastewater treatment plants. The global biomethane market is forecast to expand at a CAGR of 6.1% and thereby increase from a value of US$3.3 billion in 2023, to US$5.1 billion by the end of 2030. It is chemically identical to natural gas and can be used in various applications, including transportation, heating, and electricity generation. The biomethane market has experienced impressive growth over the past dec
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