Prospects for the development of bioLPG market
In the current context of European natural gas prices, rising prices for the EU Emissions Trading Scheme (ETS) certificates, increasing European Commission support for decarbonisation of member-state economies, increases the attractiveness of renewable gas projects, including liquefied petroleum gas.
At present, bioLPG, as an alternative biofuel, is considered a promising area for decarbonisation of the transport, residential, industrial and petrochemical sectors. By producing propane and butane from organic residues or waste raw materials, it is possible to reduce carbon emissions by up to 90%.
February 22, 2022 (07:57)