Biogas has role in switch to greener future, Naturgy chief says
MADRID, July 10 (Reuters) - Gas produced from organic waste is important to Europe's transition to a low-carbon economy and could help ensure companies don't leave the region, the executive chairman of Spanish energy company Naturgy said on Wednesday.
"We need to find solutions to decarbonise that do not lead to relocations," Francisco Reynes told an event in Madrid. "And the renewable gases are part of this solution."
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The Spanish energy firm is expanding its biomethane operations - which process agricultural or other organic waste - and now has three plants, with others under construction.
Some environmental groups are critical of biogas because it can emit the same contaminants as burning fossil fuels.
The green transition should be open to all technologies available, Reynes said, since "electrification is important but not everything can be electrified".
He also called for a simple and effective regulatory framework for companies to invest in the shift to a low-carbon economy.
(Reporting by Pietro LombardEditing by Mark Potter)