Biogas producer NGF Nature Energy has revealed it increased its biomethane production to 16.6 million m³ in the first six month of this year. The company’s financial statement, published on 7 September, reports that production had increased by 28.7% since the first half of 2016 when it produced 12.8 million m³ of biomethane.
The company also revealed it processed 550,000 tonnes of waste in the first half of this year, as Nature Energy said its long-term growth was “expected to come” from biogas. Nature Energy’s chief executive, Ole Hvelplund, said: “We have been working hard to optimise our biogas production to improve the productivity of our facilities. We are beginning to see the results, and with a number of new installations under construction, we strengthen our position as Denmark’s largest producer of green gas.” Just last month, the company announced it would invest DKK500m (€67.2m) in two large-scale biogas facilities and that construction had started on a 600,000t/yr facility.
The company also has four large-scale biogas plants in operation and long-term plans to establish a total of 17 such facilities across Denmark. Financially, the first half results were described as “satisfactory” overall and the company said it expected its profit in 2017 to reach DKK55m (€7.3m).
Article by Luke Walsh
Source: Ends waste and bioenergy
Read more about the article here.
Deutsch
Ελληνικά
Français