WASTE TO FUEL TECHNOLOGY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In April 2022, Veolia unveiled two initiatives aimed at establishing local, eco-friendly, and low-carbon energy solutions. The company commenced work on the world's largest biorefinery project in Finland, which will utilize the pulp production process to generate CO2-neutral bio-methanol. Additionally, Veolia is tapping into a non-hazardous landfill in France to extract biogas for its collaboration with Waga Energy, marking the launch of the largest biomethane production unit.
• Veolia further solidified its position as a frontrunner in environmental sustainability in June 2022 by putting forth an offer for the acquisition of Suez's U.K. Waste business unit. The venture consolidates Suez's global operations with Veolia's and centers on combining resources, technologies, and expertise. The merger has already showcased its capacity to integrate new sites, capabilities, and know-how. Moreover, it will enhance Veolia's global reach, accelerate the execution of its strategic plan Impact 2023, and increase its operational capabilities.
• In April 2022, Viridor announced that its landfill and landfill gas operations would be acquired by Frank Solutions Limited, with 44 locations across the U.K. being operated and managed under the agreement. This deal enables Viridor to pursue its strategy of expanding its core business areas of energy recovery and polymer reprocessing while advancing its objective of achieving net-zero emissions by 2040.
• In June 2022, AVR announced its collaboration with Sweden's HaloSep AB to explore the potential for handling its hazardous flue gas cleaning residues within the local area. HaloSep AB's innovative process converts hazardous waste into useful and non-harmful substances. If adopted by AVR in Rotterdam, HaloSep AB's solution would enhance the plant's circularity by recovering material resources and reducing its environmental footprint.