OUR PROJECTS
German Biogas
In Germany we have over 15 projects identified to be developed over 48 months. Once a lease option has been signed with the landowner, Canigou commits to funding projects and works with our local development partners to manage each development through to ready to build status.
A typical biogas project:
Gas grid injection
30
years of generation
5
Ha of land
20k
tonnes of waste
2.5k
homes powered
8.7
GWh per year
The Canigou Group through our subsidiary Canigou BGG Ltd. has partnered with a local developer and we will develop a minimum of six projects. We will commit funding to the projects only when a lease or purchase options have been agreed with a land owner, and we will work to progress them all the way to Ready To Build (RTB) status. Canigou BGG Ltd. will initially develop two projects with the developer and take these to RTB stage. Once these first two projects are sold at the end of year one, the sale proceeds will be reinvested into four additional projects which will also be developed to RTB stage and sold.
The estimated time to complete a minimum of six projects is 24 – 36 months.
Why Germany?
Reason 1: Stable market and legal mechanism, Germany has a national gas grid and the use of biomethane gas has been encouraged by the government since 2000 and saw a boom in 2009 with the introduction of lucrative feed in tariffs In Germany the government have set stable feed in tariffs for the biogas industry through the 2000 Renewable Energy Sources Act provided fixed revenues for plant owners making it a very popular industry, notably for the farming community.
German law states that gas grid operators must connect all biogas plants to the national gas grid. This is done by connecting the biogas plants to a gas pipeline. The gas produced by a biogas plant must be up to standard and if is then the gas grid operators manage the quality control, metering and compression.
Reason 2: Feedstock, the feedstock used to power biogas plants is a key part of their green status. The feedstock that is fermented using anaerobic digestion produces the biomethane which is then fed back into the national gas grid. There is a constant source of waste from farming, as biogas plants can digest multiple types of waste from manure to crops. The German government is trying to encourage innovative projects that will allow biogas plants to become more flexible and continue to use the newest technologies.
Reason 3: Emission targets, Germany has the most biogas plants in Europe and using biogas as an energy source is a key part of Germany’s plan to decarbonise it’s economy. Germany currently gets 38% of it’s total energy from renewable energy sources but has the aim of increasing this to 45% by 2025. This is to be partnered with closure of several nuclear power plants around the country which means that Germany needs to increase the number of renewable energy projects in order to meet this goal. In addition, reducing biowaste is an essential step for any country to become more carbon neutral and using anaerobic digestion reduces waste and produces clean energy.
Meet our project manager
Heinz Jungermann
Heinz heads up our biogas projects in Germany and is Managing Director of Capital for Energy a subsidiary of Canigou BGG Ltd, our development company for the biogas projects.
He is based in Frankfurt and is a native German Speaker.
Heinz is an expert in complex transactions and strategic corporate management. Since 1993 he has provided advice and support at board and management level to companies operating on an international scale. With a focus on industries and companies that offer a high level of innovation and are positioned in dynamic markets, Heinz has many years of experience in business and project development.
His specialist field is renewable energy and he manages international projects of varying size and complexity in a professional and efficient manner and stays abreast of developments in the key markets in Europe, Asia, America, India and the Middle East.
If you would like to speak to Heinz in relation to the Canigou BGG project in Germany please email him at info@canigoucapital.com