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Biogas markets on the upswing

The biogas plant market is on the upswing, with Germany to lead production in 2010, according to analyst Frost & Sullivan.

The German biogas plants market plunged 80% in 2008 pushed by the close succession of the global financial crisis, rising energy crops prices, and the revision of the German Renewable Energy law (EEG). However, because the German biogas market accounted for nearly 70% (US$1 billion) of the global/European total in 2009, Germany will likely remain the key market arena for biogas plants in 2010, the analyst writes.

Despite recent economic instability, the construction of larger biogas plants producing natural gas continues to be highly lucrative for both farmers and financial investors in Germany, with over 30 new plants planned for 2010.

Mimicking Germany

The US and the EU are already implementing policies that will grow the biogas market sector while targeting farmers as primary users, assuming regulatory conditions are favourable. For example, the US Government has launched a campaign on the treatment of hazardous waste from livestock farms.

"The market for biogas plants is currently at a turning point and can grow at a CAGR of 8 or 24% during the period 2010-2016," says Frost & Sullivan's Environment Senior Analyst Nuno Oscar Branco.

"In Germany, the market will continue to grow, driven by the strong regulatory framework already in operation in the country. Therefore, if other European countries, together with the US and Canada, follow the German lead and implement a similar business environment that attracts farmers and investors, market growth will be limited only by the ability of the industry to meet demand." adds Branco.

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