August 19th Issue of 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 30 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 more than 135 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.
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!
The American Biogas Council ("ABC") posted an article applauding the passage by the U.S. Senate and now the U.S. House of Representatives of the Inflation Reduction Act (“IRA”). The ABC viewed this event as a monumental day for clean energy production and the U.S. biogas industry. According to ABC, Congress has recognized the essential role biogas systems, which recycle organic waste into renewable energy and domestic, natural fertilizer products, play in our society. With only two ways to recycle the billions of tons of organic waste the U.S. produces every year, biogas systems and compost systems, we can’t accelerate construction of this essential infrastructure fast enough. The IRA will help us push the pedal down.
On Tuesday, The National Grid announced it had located “robust stocks” of renewable natural gas and green hydrogen via a recent request for information (“RFI”), enough to meet its needs in New York and Massachusetts through 2025. The utility is planning for a 100% “fossil-free” gas network by 2050. National Grid anticipates needing 15 trillion British thermal units of RNG or green hydrogen by 2025, and it said its RFI located 33 trillion Btu. RNG can be sourced from decomposing materials at farms, landfills, wastewater, and other sources, the company said, while its offshore wind portfolio can be used to create hydrogen through electrolysis.
And lastly, a garbage truck being billed as carbon-negative – powered with help from some local cows – has hit the road in Southwestern Ontario. Huron Park-based Bluewater Recycling Association, which collects waste from more than 20 municipalities in Huron, Middlesex, Perth and Lambton counties, has unveiled its new waste collection truck that runs on renewable natural gas. Generated from a dairy farm in Middlesex County, the cow manure is collected and placed into tanks that use bacteria to turn the organic waste into biogas, which consists of methane and carbon dioxide. The methane is separated and converted into renewable energy often used for fertilizer, or in this case, to power a truck.
For the latest articles on the RNG sector, click on the links below!
August 15-19, 2022
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