FormerXBC Inc XEBEQ

or on the other hand

[Tan4646]

Aplogise for formatting again,  I recognise everyone has their own investment goals and agenda.
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Published date: 08 December 2021

Biomethane should be "scaled up rapidly across the EU", according to a group of 27 companies and associations — including utilities RWE and Engie, auto manufacturers Volvo and Scania, shipping firm NYK and trading firms STX and ACT.

The organisations are looking to partner with public stakeholders to ensure support for increased biomethane application in Europe and will "seek to mobilise the biomethane supply chain". The group wants to "optimise the role of biomethane in achieving climate targets and to remove regulatory barriers."

The declaration aligns with an industry event this week, where European commissioner for energy Kadri Simson told delegates that EU biomethane expansion requires legislative reform.

There is potential for European biomethane application of 350TWh by 2030, the organisations said. EU biomethane production was 32TWh in 2020, according to consultancy Guidehouse, with supply forecast to grow to 1,008-1,359TWh by 2050.

Biomethane has a "long-term role to play" to help EU countries meet the EU's target to reduce greenhouse gas emissions by 55pc by 2030, from 1990 levels, the organisations said.

Biomethane has potential uses in the power sector, for heating and for transport — particularly for heavy transport and maritime.

https://www.argusmedia.com/en/news/2281258-scale-up-eu-biomethane-utilities-traders
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European biomethane production hits record high in 2021

Published date: 21 January 2022

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Combined biogas and biomethane production in Europe reached just over 200 TWh in 2021, up from 191 TWh in 2020, according to preliminary estimates by the European Biogas Association (EBA).

It said 300 new biomethane plants have started operations in the past 18 months, increasing the overall amount to 1,023. Of that number, 87pc are connected to the gas grid.

France, Italy and Demark recorded the largest increase on the number of plants last year. In France, 123 came online in the first 10 months of 2021, compared with 91 in 2020.

Biomethane could cover up to 30-40pc of EU gas consumption in 2050, with an estimated production of at least 1,000 TWh, according to projections by the EBA. But to ensure biomethane can play an increasingly important role as a renewable fuel, efficient trade should be established across Europe, EBA director Harmen Dekker said.

To simplify the transfer of biomethane and facilitate cross-border trade, registries in Austria, Denmark, the UK, the Netherlands and most recently Germany have joined the European Renewable Gas Registry (ERGaR) Certificate of Origin scheme, a Europe-wide standardised platform.

[Ciao]

Thanks for posting that article. As it stands, RNG is keeping XBC busy enough these days. At the current rate of adoption for RNG, as slow as some will call it out as, XBC is just tyring to keep up with demand they forecast, thus the increased capacity at Blainville and the purchase of UEC. We'll know when the year end conf call in March how the BGX backlog has increased.

[tamaracktop]

Ciao is 100% correct. Can't let it slide either that, now that he mentioned it, the year end conference call will be 6 weeks from today, and the earnings release date will be announced 4 weeks from today.

[savyinvestor333]

Not expecting more than 10 million in new orders for Biostream or they would have put out a release even if if was to multiple customers for 1 each. Keeping my hopes in check.