Scandinavian Biogas defines long term target for 2030 – 3 TWh biogas production, mainly Bio-LNG
Scandinavian Biogas Fuels International AB (SBF) defines its long-term growth target. The European biogas market is experiencing a paradigm shift and developing very fast especially in the Bio-LNG (liquid biogas) market. Clear evidence has been already seen for fast demand growth in the heavy transportation market segment. Maritime and industrial usage expected to follow as well.The 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 the same period the