Page 10 - FSUOGM Week 46 2021

FSUOGM ENERGY TRANSITION FSUOGM

IGU calls for more support for

renewable gases

GLOBAL GOVERNMENT policies to promote the use of call to action on all fronts – policy, industry, and
so-called green gases such as biogas and hydro- the financial community. We all need to play our
Policies are falling short gen are falling far short of the support needed to part if there really will be a practicable gaseous
of what is needed. realise their potential in decarbonising the gas energy revolution."
grid, the International Gas Union (IGU) warned Though policymakers have far more inter-
in a report published on November 10. est in hydrogen than bio-methane, the latter is
The IGU, which represents dozens of already produced in far greater quantities and so
gas companies across the world, estimates it needs to be recognised as a key tool for deliv-
that enough sustainable biogas could be ering on emission goals in the nearer term, the
produced to replace about 20% of current IGU said.
natural gas demand globally. But the cur- "Given the scale of the decarbonisation chal-
rent production of biogas and bio-methane lenge, and the need for as many workable solu-
equates to just 1% of total global gas output, tions as possible to ease the pains of a global
with more than half of that concentrated in energy transition, all forms of renewable gas
Europe, with another 25% located in China. should be pursued as quickly as possible," the
The current pipeline of projects will produce union continued. "This will require strong and
20 times less than this. clear policy support from governments glob-
And while many countries see hydrogen ally, robust entrepreneurial initiative from the
development as essential for realising their car- incumbent industry players and disruptors
bon goals, the increase in low-carbon hydrogen alike."
production has been limited in the past five Access to capital will be essential for hydro-
years, the IGU said. Today, low-carbon hydro- gen and biogas projects being realised, the IGU
gen output accounts for just 0.03% of worldwide stressed.
natural gas output. Kang said there was a problem with a lack of
"The current level of planned and installed transparency regarding the volume and pricing
production capacity for renewable and low-car- of renewable gases. He added that "developing
bon gases appears negligible compared to the effective growth strategies requires an under-
stated plans, and that must be changed," IGU standing of the baseline, and that is what we aim
president Joe Kang commented. "This report is a to establish with this series." ™

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