JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Shell expects the value of the German biomethane market to increase due to rising demand for cleaner energy sources. Biomethane is a renewable gas produced from organic materials such as agricultural waste, sewage, and food waste. Germany has set ambitious goals to reduce greenhouse gas emissions, and biomethane can play a crucial role in achieving these targets.
The German government has implemented policies to promote the use of biomethane in various sectors, including transportation and heating. Biomethane can be used as a sustainable alternative to natural gas, reducing carbon emissions and dependence on fossil fuels.
Shell is investing in biomethane production facilities in Germany to capitalize on this growing market. The company sees biomethane as a valuable asset in its portfolio of cleaner energy solutions. By leveraging its expertise in gas production and distribution, Shell aims to contribute to Germany's energy transition and drive sustainable growth.
Overall, the rising value of the German biomethane market reflects a growing global trend towards renewable energy sources. As countries strive to meet their climate goals, biomethane is emerging as a viable and environmentally friendly alternative to traditional fuels. Shell's investment in biomethane underscores its commitment to sustainability and innovation in the energy sector.
Also Read : UK Restores Duty-Free Steel Exports to EU Under New Quota System Tata Steel UK Raises Hot Rolled Coil Prices Amid Rising Cost Pressure
India is considering a phased policy that would require green steel in public procurement, a m...
Business 06-Mar-2026
MSME steel importers have appealed to the government to allow a one-time exemption for shipments alr...
India 22-Sep-2025
India Shines as Global Steel Industry Bright Spot: Jefferies In a sluggish global steel market, Ind...
USA 30-May-2025
According to Vedanta official, International Resources Holding (IRH), the mining investment arm of U...
Large Corporate 27-Jun-2024
Some of the world’s top energy trading companies are returning to metals, years after getting...
Energy 24-Apr-2024
Inox Wind (IWL) shared the exciting news on Monday that its 3-megawatt (MW) Wind Turbine Generator (...
Large Corporate 29-Jan-2024