The Green Revolution: Biogas as a Climate Change Mitigation Tool
The increasing impact of climate change on global health has spurred a growing awareness of the need for sustainable energy sources. Biogas, derived from organic waste, emerges as a key player in the fight against both climate change and potential future pandemic outbreaks. With a projected robust Compound Annual Growth Rate (CAGR) of 9% by 2030, the biogas market is not only a promising economic framework but also a green solution to address rising environmental concerns.
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Tackling High Capital Investment and Explosion Risks: A Safe Bet for the Future
Despite its potential, the biogas market faces challenges, including high capital investments and safety regulations. However, companies are focusing on rural communities in developing countries, where traditional firewood is still prevalent. Nepal’s Gandaki Urja Pvt. Ltd. stands as an example, distributing compressed biogas in Pokhra. Biogas is considered a safer technology compared to Liquefied Petroleum Gas (LPG), and companies are capitalizing on the safer profile and effective biomass management.