Moeve signs agreement with Pretium Renovables to build up to six biomethane plants
- The companies have reached an agreement to develop between four and six biomethane plants, each with an estimated production capacity of 60 GWh per year
- Andalusia is the priority region for the rollout of the projects, which will reduce CO₂ emissions by around 14,600 tons per year per plant, thereby contributing to the circular economy and economic development in rural areas
- Moeve is strengthening its roadmap for biomethane, advancing the development of this renewable gas to produce green hydrogen and as a substitute for natural gas in the decarbonization of industrial activities and mobility. In this sense, the company expects to manage 4TWh of biomethane in Spain by 2030.
Moeve is taking a new step in its biomethane roadmap by signing a strategic agreement with Pretium Renovables to promote the development of this renewable gas in Spain. The energy company has brought in this company, which specializes in developing biomethane projects, as a strategic partner to promote between four and six new plants, each with an estimated capacity of 60 GWh per year. This partnership is part of Moeve's plans to boost biomethane production, promote the circular economy, and advance the energy transition, in line with its Positive Motion transformation strategy.
The energy company plans to develop these facilities in different parts of the country, with Andalusia as the priority region for their implementation. Each plant will reduce CO₂ emissions by around 14,600 tons per year, a figure equivalent to the emissions generated by more than 11,400 households consuming conventional natural gas.
Adrien Souchet, Director of Biomethane at Moeve, noted: “This agreement with Pretium Renovables strengthens our ecosystem of strategic partnerships and enables us to continue advancing the development of biomethane as part of our Positive Motion strategy. Working with specialized partners will allow us to accelerate the rollout of this renewable gas and will also facilitate the implementation of decarbonization projects in high potential regions, such as Andalusia, contributing to the economic and social development of rural areas."
For his part, Laureano Parrilla, director of Pretium Renovables, highlighted: “The agreement with Moeve marks a major milestone for Pretium Renovables and solidifies our position as a leading company in the development of biomethane projects in Spain. Our mission is to develop integrated projects in the territories that provide the most value, contributing to decarbonization, the circular economy, and the economic and social development of rural areas. With this partnership, we are taking a decisive step toward accelerating the energy transition and positioning Andalusia as a leading region in renewable gases."
The agreement with Pretium Renovables is in line with Moeve's roadmap to achieve an ecosystem based on the production of second-generation (2G) biofuels. To this end, the company continues to expand its network of partners, which already includes agreements with ID Energy Group, Kira Ventures, PreZero, and InproEner.
Using biomethane as a substitute for conventional natural gas will reduce CO₂ emissions from the company's energy parks and chemical plants, as well as for its customers and industrial partners, and will act as a complementary vector for the production of green hydrogen and the promotion of sustainable mobility. These actions will contribute to advancing Moeve's decarbonization strategy, which aims to reduce its CO₂ emissions (scopes 1 and 2) by 55% by 2030 compared to 2019.
Moeve has launched an ambitious plan to roll out biomethane plants in Spain and hopes to manage 4TWh by 2030. Its commitment will enable agricultural and livestock waste to be transformed into renewable gas, contributing to the recovery of industrial by-products and the decarbonization of sectors with high energy demand.
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