December 13th Issue of Greenlane Digest
IN THE NEWS
Greenlane (TSXV:GRN) is a pioneer in the rapidly emerging renewable natural gas (RNG) market. We work with waste producers, gas utilities, and project developers to turn low-value biogas into a valuable low-carbon clean energy resource.
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 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 30+ years’ industry experience are fierce competitive advantages.
Today, we are a trusted partner globally and are ranked number one in installed capacity, having delivered more than 100+ biogas upgrading installations in 18 countries and counting. We’ve learned a lot along the way. First to market in 11 of the 18 countries where our systems operate, we’re also proud to have supplied the systems for the largest RNG production facilities in North America and Europe, respectively.
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 World Biogas Association presented the UNFCCC with the Biogas and Climate Change Commitment Declaration, recently signed by Greenlane and major industry participants, at the Conference of Parties in Madrid (COP25). In the Declaration, the signatories commit to deliver a 12% reduction of global GHG emissions by 2030 – subject to the barriers to the industry’s growth being removed by world policy makers.
In European industry news, Scania Denmark, a major heavy-duty truck manufacturer, is offering customers trial rentals of a compressed biogas-fueled truck. The company notes that customers have been “reluctant” to try biogas-powered trucks, with hopes that the short-term rentals will help to demystify gas propulsion in commercial trucks and show how simple they are to operate. Denmark currently has a network of 17 filling stations for compressed gas, with biogas being the only available fuel.
Dominion Energy, a large electric and natural gas utility in the U.S., announced another strategic RNG partnership, this time teaming up with Vanguard Renewables to develop the first nationwide network of dairy waste-to-RNG projects in the U.S. The $200+ million joint venture is currently developing projects in Georgia, Nevada, Colorado, New Mexico and Utah, with additional projects planned. Ultimately the partnership will reduce GHG emissions from dairy farms equivalent to taking 100,000 cars off the road. This partnership builds on Dominion’s recent $500 million joint venture with Smithfield Foods for hog waste-to-RNG projects.
On the regulatory front, the U.S. EPA delivered its final ruling on the Renewable Fuel Standard, submitting it to the White House Office of Management and Budget, which included 2020 Renewable Volume Obligations (RVOs) that affect the RNG industry under the cellulosic RVO fuels category. While the RNG industry called for the EPA to increase the cellulosic RVO to at least 650 million gallons during the public review process which ended in August, it appears that the EPA stuck to its original volume recommendation of 540 million gallons of cellulosic fuel.
For the latest articles on the RNG sector, click on the links below!
December 6-13, 2019
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