The biogas market continues to grow, and Biofrigas sees increased opportunities in the Nordic region. The Nordic biogas market is experiencing strong growth. Since 2020, the use of liquid biogas (LBG) in Sweden has increased tenfold, and in 2024, domestic production increased by a full 41%. Biogas production in agriculture also grew strongly, by 52% last year.
The development shows a clear trend where the market for liquid biogas is growing rapidly, while the use of compressed biogas (CBG) is declining as electrification takes over the passenger car and bus segment. Monthly deliveries of liquid biogas to heavy transport have continued to grow for 21 consecutive quarters, while deliveries of compressed gas have steadily declined since October 2024, as electrification now affects the passenger car and bus segment.
New business opportunities for Biofrigas
For Biofrigas, the change presents significant opportunities. Firstly, by helping CBG producers convert their volumes to liquid biogas, and secondly, by offering solutions tailored to the growing agricultural segment. Biofrigas is a technology company with an innovative and efficient solution for cooling biogas into liquid biogas (LBG), specially adapted for farm and small biogas plants up to 30 GWh/year.
A Nordic region on the move
The development of biogas in the Nordic region shows that the transition is in full swing. With continued investment in renewable energy, efficient technology and smart logistics, Biofrigas is ready to contribute to the next phase of the green transition.