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 issued the following news release this week:
Greenlane announces dairy RNG system sales contract
Greenlane announced that its wholly-owned subsidiary, Greenlane Biogas North America Ltd., has been awarded a $4.6 million (US$3.5 million) contract for a dairy RNG project in the Western United States for the supply of a biogas upgrading system. Greenlane will supply its pressure swing adsorption system for upgrading biogas generated from anaerobic digestion of dairy cow manure into carbon negative suitable for injection into the local pipeline network. "This new project win for Greenlane continues to highlight just how important dairy-derived RNG is, particularly for commercial transportation fuel providers", said Brad Douville, Chief Executive Officer. “Dairy RNG is by far the lowest carbon intensity fuel available today and remains a core and growing option for major fuel providers to decarbonize now.”
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!
Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% of Nature Energy Biogas A/S (Nature Energy) for nearly USD $2 billion (€ 1.9 billion). Shell will acquire the largest RNG producer in Europe, its portfolio of cash generative operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design, construction, and operation of innovative and differentiated RNG plant technology. Nature Energy was founded in 1979 and established its first biogas plant in Denmark in 2015, and now has 14 operating plants with associated infrastructure, feedstock arrangements, and current 2022 production of around 6.5 million MMBtu/yr. Nature Energy also has a pipeline of around 30 new plant projects in Europe and North America.
According to the UK’s Anaerobic Digestion and Bioresources Association (ADBA) humans generate around 105 billion tonnes of organic waste annually, directly and indirectly. In the UK, the ADBA estimates that an estimated 170 million tonnes of organic waste will be generated by 2030. This organic waste holds a great value to the anaerobic digestion (AD) sector, as it provides the raw materials to generate biogas, a clean, renewable fuel, that can replace fossil fuels in the energy and transport sectors. Over 700 AD plants are currently operating in the UK, providing a combined biogas capacity of 2,782 MW. If all the human waste feedstocks are diverted to AD, the industry has the potential to produce an additional 35.8 TWh of biogas, heating another 3 million homes.
For the latest articles on the RNG sector, click on the links below!
Nov 25-Dec 2, 2022
Shell to acquire renewable natural gas producer Nature Energy for nearly US$2Bn
Organic waste – A gold mine in the right hands
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