A2A and BTS Biogas, both of which work towards progressing the construction of biogas and biomethane plants, have signed a letter of intent (LOI) aimed at defining a joint venture. This initiative is in line with its business plan up to 2030, focused on energy transition and the circular economy: in fact, biomethane is one of the key factors for growth in the bioenergy sector, strategic for the contribution that the Life Company wants to provide for the country’s sustainable development and decarbonization. This type of renewable energy can play a fundamental role both in achieving the European decarbonization objectives and in increasing national gas supplies. This is also why A2A’s business plan envisages the development of bioenergy through the conversion of existing plants, M&A and greenfield operations with the construction of new dedicated infrastructures.
This agreement is a significant step in contributing to the development of biomethane in our country and contributes to the EU goal of producing 35 billion cubic metres of biomethane by 2030 to cover about 10 percent of gas demand and contribute to European energy security. Italian biogas supply chain has only minimally expressed its potential and that the multiplication of high-profile partnerships, such as the one signed between our two companies, can also play a significant role in achieving zero climate impact by the EU by 2050.