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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by Zipolitemexicoon Feb 07, 2021 1:57pm
178 Views
Post# 32496234

8% of gas consumed in EU by 2030 should be biomethane,

8% of gas consumed in EU by 2030 should be biomethane,

new policy paper by the Gas for Climate consortium has been published, providing an analysis-based rationale on why an 11% renewable gas target is needed to meet the EU’s climate goals.

The paper follows last year’s Gas for Climate Gas Decarbonisation Pathways 2020-2050 report, which showed how additional policy measures are needed to scale-up biomethane and green & blue hydrogen, which are all needed to meet the EU’s climate targets.

To ensure a consistent market ramp-up of green hydrogen and biomethane across the EU, the envisioned 11% target is supported by two binding sub-targets for green hydrogen and biomethane. At least 8% of the gas consumed in the EU by 2030 should be biomethane, and at least 3% should be green hydrogen.

These sub-targets reflect that biomethane is commercially available today and scalable in a sustainable manner, while green hydrogen should ramp-up during the 2020s, too. The 3% hydrogen target aligns with the European Commission’s target for at least 40 GW of electrolyser capacity in the EU.

A binding target for renewable gas will help to reduce the production costs of biomethane and green hydrogen during the 2020s, while in the long-term help to achieve the European decarbonisation targets at the lowest societal costs. Gas for Climate foresees that an EU-wide target of renewable gas would be translated into differentiated national targets.
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