600 Million Euro Investment Moeve to Establish 30 New Biomethane Plants in Spain

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With a hefty investment of 600 million euros, Moeve has plans to develop 30 new biomethane plants across Spain. The move is in line with the company’s aim of producing 4 TWh of biomethane in Spain by 2030.

Madrid/Spain – Moeve has recently announced an ambitious 600-million-euro investment plan for the construction, together with its partners, of up to 30 new biomethane plants by 2030, which the company projects throughout Spain, with Andalusia, Catalonia, and Galicia being among the regions with the greatest potential for its deployment. This investment is part of Moeve's plans to promote the circular economy and lead the energy transition, in the framework of its transformation strategy Positive Motion.

The energy company aims to produce biomethane from agricultural and livestock waste and manage a project portfolio of 4 TWh by 2030. The use of this renewable gas, instead of fossil fuels, will allow Moeve to reduce CO2 emissions from its energy parks, chemical plants, its strategic industrial clients and partners, as well as providing a complementary vector for green hydrogen production and promoting sustainable mobility. The total production, equivalent to enough energy for 568,000 households, will result in the reuse of 10 million tons of waste per year and will prevent the emission of 728,000 tons of CO2 per year, similar to planting 48.5 million trees.

For the development of these plants, Moeve has partnerships with companies such as Kira Ventures and Prezero and has just signed an agreement with Inproener to develop five biomethane plants in Spain, which are expected to be operational between 2028 and 2029. Each facility will produce around 50 GWh per year, adding up to 250 GWh of biomethane annually. This partnership includes a collaboration with Envitec Biogas, which will contribute its experience in the construction of more than 650 biogas plants internationally.

"Biomethane is a key commitment for Moeve to decarbonize our activity and that of our clients, as it can be immediately used in existing industries and transportation networks. This aspect facilitates its integration into the current energy market while promoting economic and social development in rural areas. Agreements with partners, such as the one reached with Inproener, are essential to accelerate our goals in this sector,” shares Matteo Vaglio - Moeve’s Biofuels manager.

Biomethane: a key player in the energy transition

Moeve plans to support biomethane as it is aligned with its decarbonization strategy. The company has an ambitious roadmap in place to reduce its CO2 emissions by 55 % by 2030 (Scope 1 and 2) compared to 2019 and aims to be carbon neutral by 2050. As for the carbon intensity of its energy sold, the goal is to reduce it by 15-20 % by 2030.

During its life cycle, biomethane reduces more than 90 % CO2 emissions compared to conventional natural gas. It is produced through a natural decomposition process (anaerobic digestion) of biodegradable organic agricultural, livestock, and industrial waste. Subsequently, after being purified through a technological process called upgrading, it is converted into biomethane.

Biomethane production plants contribute to the sustainable economic development of rural areas, boosting two key sectors for the Spanish economy, such as agriculture and livestock. In addition, biomethane plants are an alternative to waste treatment, as they allow waste to be reused for the production of renewable energy and by-products such as fertilizers or sustainable fertilizers that can be used on local farmland.

The production of renewable gases is in line with the Repower EU initiative to reduce dependence on fossil fuels and CO2 emissions, as well as contribute to several of the Sustainable Development Goals of the 2030 Agenda: SDG 7 (Affordable and clean energy), SDG 8 (Decent work and economic growth), SDG 12 (Responsible consumption and production), and SDG 13 (Climate action).

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