The Greenlane Digest

IN THE NEWS

Greenlane (TSX:GRN) is a pioneer in the rapidly emerging renewable natural gas (RNG) industry. We work with waste producers, gas utilities, and project developers to turn low-value biogas into a valuable low-carbon and carbon-negative clean energy resource. As a leading global provider of biogas upgrading systems, we are helping to clean up two of the largest and most difficult-to-decarbonize sectors of the global energy system: the natural gas grid and the commercial transportation sector.

Greenlane is a pure play in the RNG space, offering multiple core biogas upgrading technologies, in use and proven in the industry today. Biogas upgrading sales are forecasted by industry to grow at a minimum 30% compound annual growth rate (CAGR) over the next five years in North America and Europe. Our demonstrated leadership in biogas upgrading, scope and breadth of product offerings, and over 35 years of industry experience are fierce competitive advantages.

Today, we are a trusted partner globally and are ranked number one in installed capacity, having sold over 140 biogas upgrading systems into 19 countries and counting. We’ve learned a lot along the way. First to market in 12 of the 19 countries where our systems have been sold, we’re also proud to have supplied the systems for many of the largest RNG production facilities in the world.

THE LATEST

Through the Greenlane Digest, our goal is to provide weekly updates and the latest articles on the RNG industry. Make sure you forward our newsletter to your contacts!

Walmart said it is rolling out its first heavy-duty truck powered by a 15-liter natural-gas engine, making it the first of its kind to hit the road in North America. The Bentonville, Arkansas, retail giant said the truck, the first of five it is incorporating into its private fleet, has an X15N engine supplied by Cummins. It will be fueled by Chevron with compressed natural gas linked to RNG, which is produced when biomethane from decomposing organic matter is captured, treated and placed into the network. The retailer, which has set a goal to achieve zero emissions in its operations by 2040, said the truck will make its inaugural trip from Indiana to California, with stops along the way to refuel at Chevron stations.

Biomethane has become a crucial component of global energy and climate policies due to energy security concerns, the urgency to address climate change and a focus on methane emissions reduction, according to a new report released by CEDIGAZ. The report, entitled ‘Global Biomethane Market 2023 Assessment’, reveals that the global biomethane industry experienced 23% growth in 2022, with production increasing from six billion cubic metres (bcm) in 2021 to 7.4 bcm in 2022. Driven by concerns over energy security following Russia’s invasion of Ukraine last year and emissions reduction measures, the market has the potential to surpass 100 bcm by 2030 if appropriate policies and regulations are implemented, says CEDIGAZ. According to the report, Europe is the largest producer of biomethane with 3.4 bcm produced in 2021, with REPowerEU set to scale up production to 35 bcm by 2030.

FortisBC is adding more RNG to its system by teaming with Dicklands Farms in Chilliwack, BC, who is producing RNG from agricultural and food waste. Once the project is at peak production, it is expected to produce enough low-carbon RNG to meet the annual gas needs of approximately 2,000 BC homes. For this project, Dicklands Farms is combining anaerobic digestion and a biogas upgrading plant to produce RNG from the manure of the farm’s dairy cows and from other locally produced organic food waste. By 2030, FortisBC projects that there will be enough renewable and low-carbon gas in the system to meet the annual gas needs of close to 345,000 BC homes.

For the latest articles on the RNG sector, click on the links below!

Apr 21-28, 2023

Walmart teams with Cummins, Chevron to put 15-liter RNG engine on road

New biomethane report outlines industry growth and energy security

FortisBC teams with Dicklands Farms to produce RNG from agricultural waste

Greenlane Renewables
Email: IR@greenlanerenewables.com
Phone: 604.493.2004
Address: 110 - 3605 Gilmore Way, Burnaby BC V5G 4X5, Canada.