By 2024, the volume of the biogas industry in Europe will exceed EUR 2 billion. The scientists who undertook a study called Global Market Insights came to such a conclusion.
By 2024, 600 MW of biogas capacity will be installed in Europe. The growth in this industry and the demand for green electricity will contribute to growth in this area. Europe has set itself the target to reduce its greenhouse gas emissions by 20 % by 2020 and is successfully moving towards this goal.
Austria intends to reduce emissions by 34 % by 2020 and develops the use of solid biofuels in the form of pellets, briquettes and hog fuel, as well as the production and the use of biogas.
German biogas market will reach the total capacity of 300 MW by 2024.
In Croatia, a biogas plant with a capacity of 1 MW is being constructed, Poland aims to achieve a 40 % reduction in greenhouse gas emissions by 2030 and also develops a biogas sector.
Denmark intends to reduce emissions by 35 % by 2020 and to completely abandon fossil fuels by 2050.