September 26, 2023
Incorrys expects that biogas power generation will grow year-over-year at an average annual rate of about 5% from 450 TWh in 2022 to more than 1000 TWh in 2030.
Most of this growth comes from centralized plants that are fed by agricultural and municipal solid waste sources to meet local power and heating demand.
New entrants in biogas production, like Africa, are expected to increase their presence in the global market. By 2030, an additional 200 million people (half of whom are in Africa) are expected to use biogas and move away from their reliance on traditional solid biomass. Africa has the potential to provide nearly 50 Mtoe of locally produced low-carbon biogas.
The Asia Pacific region sees, by far, the largest growth driven in large part by China and India. China’s share in 2030 could exceed 40%.
Biomethane (renewable natural gas RNG)) will comprise an increasing proportion of total biogas production going forward.