The biogas industry is booming. We have every interest in developing it in the coming years. Globally, the energy generated from organic matter could replace 26 to 37% of the natural gas currently being consumed. This would lower GHG emissions by more than 10 to 13%.
There are currently over 130,000 digesters generating electricity worldwide (over 180 in Canada). Another 700 or so facilities are purifying biogas into biomethane (including around 20 in Canada).
Canada’s natural gas companies have set the ambitious target of 5% RNG blended into natural gas streams by 2025 and 10% by 2030. The biogas industry could potentially represent a capital investment of $7 billion and $21 billion in economic spinoffs nationwide.
Québec has nearly 15 sites, placing it among Canada’s top three RNG-producing provinces after British Columbia and Ontario.
With Québec’s ambitious 2030 Energy Policy, companies across the province can capture a share of the Canadian and Global RNG markets. More than 60 sites across Québec are already producing biogas.
According to a study conducted by Aviseo Consulting for Énergir, by 2030, RNG production could:
- Eliminate 7.2 million tonnes of GHGs each year.
- Support 15,000 jobs each year.
- Contribute about $1.6 billion to Québec’s GDP each year.
Various financing programs have already been announced, including:
MERN: $70 million over three years to support the development of RNG production and distribution projects, including $25 million from the new PSPGNR support program for the production of RNG, its injection or its connection to the natural gas distribution grid (launched in November 2020)
PTMOBC: A program for the treatment of organic materials by anaerobic digestion and composting, which has announced some 15 projects (more than $300 million already deployed) that could generate up to 20 million m3 of RNG each year.
2030 Plan for a Green Community: This plan, launched in November 2020, includes additional investments of $213 million for the PSPGNR program.
GNR Québec Capital, generating opportunities in Québec.