Biomethane as Ukraine’s New Energy Currency: Key Insights from the “Energy of Business” Conference and Global DNV Trends

Forbes Forum: Business, Energy, and Shared Rules of the Game

On October 24, Kyiv hosted the annual “Energy of Business” forum organized by Forbes Ukraine. The event brought together leading players in the energy market, investors, and regulators to discuss the transformation of the energy sector amid war and global change.

A key highlight was the panel discussion “Biomethane Export: How to Become Indispensable for the EU”, moderated by Georgii Geletukha, Chairman of the Board at UABIO. Representatives of major companies — Vitagro, MHP, and Gals Agro — presented their projects, investment strategies, and vision for developing biomethane as a new export resource for Ukraine.

Biomethane: Potential, Investment, and Barriers

According to Georgii Geletukha, five biomethane plants are already operating in Ukraine, and the potential for biogas and biomethane production reaches 21.8 billion m³ per year — enough to cover a significant portion of Europe’s green gas demand.

Biomethane produced from livestock waste and agricultural residues is especially promising, as it not only reduces CO₂ emissions but also creates new value for the agricultural sector. Today, agribusinesses are becoming the driving force behind the transition to energy-independent and sustainable production models.

Sergiy Savchuk, Director for Development and Investment at Vitagro, emphasized that biomethane is more than an energy resource — it represents a new model of agricultural economics, where farms evolve into energy hubs. Ukraine can become a strategic supplier of green energy to the EU if it unites government, business, and investors around common and transparent market rules.

European Context: Global Energy Transition Trends

The DNV Energy Transition Outlook 2025 report projects that by 2040, 65% of global electricity will be generated from renewable sources, and by 2060, the energy sector will become almost entirely carbon-free. Global electricity demand is expected to rise by 120%, with solar and wind remaining the primary drivers of growth.

However, DNV experts warn that current transition rates remain insufficient to meet the Paris Agreement goals. Without accelerating investment in renewables, energy efficiency, and storage technologies, global warming could exceed 2°C by the end of the century.

Ukraine in the New Energy Architecture

For Ukraine, the combination of agricultural potential, industrial capacity, and scientific expertise creates a unique window of opportunity. Biomethane can become both a domestic source of stable generation and an export product that strengthens the country’s energy independence.

Within the framework of the European Green Deal and new climate commitments, Ukraine has every chance to emerge as a regional leader in green transformation — provided that stable policy, transparent regulation, and investor confidence are ensured.

What It Means for Global 100% RE Ukraine

For Global 100% RE Ukraine, the growth of the biomethane sector represents another crucial step toward a decentralized, renewable, and energy-independent national model. Biomethane unites climate benefits, economic viability, and security potential — the very foundation on which the strategic vision of Ukraine’s new energy future is built.