Biogas is produced when organic material decomposes in anaerobic conditions. This organic material is collected from either animal waste or landfill waste. Using proven membrane gas separation technology, biogas can be processed to remove impurities and separate CO2 to produce pipeline-quality renewable natural gas (RNG), which is a lower carbon replacement for traditional fossil fuel-based natural gas.
We create value in this business by combining our existing biogas portfolio with bp’s projects and operations capabilities, and through our expertise in trading and optimization.
The biogas business serves as bp’s face to the biomethane market. This includes both physical biomethane markets, as well as for the environmental certificates traded under markets established by the U.S. EPA’s Renewable Fuels Standard, the UK Department for Transport’s Renewable Transport Fuel Obligation and other similar national schemes. We support clean fuel standards to help deliver the biogas and RNG that our customers and the world want to play a part in delivering the energy transition.
We expect biogas to continue to deliver significant value today and into the future – even as new pathways develop, including methanol and ammonia for shipping, E-fuels, and hydrogen.