AD plants produce biogas that can be used in a number of beneficial ways. Raw biogas can be used to generate heat and electricity. By removing carbon dioxide and impurities from the biogas it is upgraded to biomethane which can be injected into the national gas grid. Alternatively, biomethane can be used as a transport fuel2.
In its 2019 report, Biomethane: The Pathway to 2030, the UK’s Anaerobic Digestion and Bioresources Association, established that the AD industry could cut annual UK greenhouse gas emissions by 6% by 20303.
Investment from Macquarie Capital has been used to expand existing operations in Cambridgeshire and invest in a greenfield AD development in the South West of England.
The Evercreech plant will support the nearby residential population, as well as more than 400 local dairy, brewing and baking manufacturers with a less carbon-intensive waste disposal service. Once fully operational, the plant is expected to save 95,000 tonnes of food waste from landfill each year - the equivalent to food waste produced by over 400,000 homes in the UK annually.
This investment comes amid growing demand for biomethane as an increasingly important part of the UK’s energy mix - providing much needed growth capital to a sector known for its operational and supply chain complexity.
through the UK anaerobic digestion and biogas industry
Patrick Ottersbach, Managing Director at Macquarie Capital Principal Finance