I think there’s an enormous opportunity for upgraders right now, particularly due to Europe 30by35, where the continent is aiming to achieve a production target of 35 billion cubic meters by 2035. Many existing facilities will look to transition to biomethane production where feasible to take advantage of existing and emerging programs.
I think the ambition of this program also poses a bit of a challenge for the industry as well. There is pressure to achieve these goals and high-level support, but the lower levels are lacking. Permitting is slow for new facilities, and social acceptability remains a challenge in many areas.
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