BIOGAS LIQUEFACTION MARKET
INTRODUCTION
Liquefied natural gas/biogas (LNG/LBG) is a type of gas made into a liquid by cooling it to about -160°C to store it under pressure. By passing the biogas through a liquid reaction medium containing a petroleum fraction and a transition metal catalyst at a temperature that is elevated but not boiling, the biogas becomes a liquid fuel.
When strong ground shaking weakens loosely packed, water-logged sediments at or near the surface, this is called liquefaction. During earthquakes, liquefaction beneath buildings and other structures can cause significant damage. When natural or biogas is cooled to -162 degrees, it condenses 600 times and becomes liquefied.
This makes the gas easy to handle and makes it profitable to use as a bunkering solution for ships or as a truck fuel.
Hydrolysis fermentation and thermodynamic liquefaction are the primary technologies used in biomass’s direct liquefaction, which is converting biogas into bio-oil. There are two types of thermodynamic liquefaction: rapid pyrolysis and hydrothermal liquefaction.
BIOGAS LIQUEFACTION MARKET SIZE AND FORECAST
The Global Biogas Liquefaction Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
BIOGAS LIQUEFACTION MARKET NEW PRODUCT LAUNCH
A biogas liquefaction solution will be provided by the technology company Wärtsilä for a brand-new biogas plant in Sweden. The plant will be used to speed up the transition to cleaner energy and reduce transport-related carbon emissions. The order was placed by the energy company St1.
It will be installed at the Bors Energi och Miljö facility in Sobacken, close to the Swedish city of Bors. It is anticipated that the plant will operate completely. Wärtsilä’s order book included the order.
The plant will transform biogas from municipal waste and wastewater treatment facilities into bio LNG that can be used. It will be the first installation of its kind to be able to simultaneously produce bioLNG and biomethane. St1 is committed to increasing the production of environmentally friendly energy, and biogas will play a growing role in this.
We are delighted to continue working with the new liquefaction project and operate Wärtsilä’s biogas upgrading in Sweden. The plant will be able to produce 10 tons of bioLNG per day when it is operational. Wärtsilä will provide the facility with support in the form of a service agreement and a package of spare parts in addition to the equipment.
COMPANY PROFILE
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many Biogas Liquefaction are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- Cost breakup of a Global Biogas Liquefaction and key vendor selection criteria
- Where is the Biogas Liquefaction manufactured? What is the average margin per unit?
- Market share of Global Biogas Liquefaction market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Global Biogas Liquefaction in-house
- key predictions for the next 5 years in the Global Biogas Liquefaction market
- Average B-2-B Biogas Liquefaction market price in all segments
- Latest trends in the Biogas Liquefaction market, by every market segment
- The market size (both volume and value) of the Biogas Liquefaction market in 2023-2030 and every year in between?
- Production breakup of the Biogas Liquefaction market, by suppliers and their OEM relationship
