February 12th 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 110 biogas upgrading systems 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 Canadian Biogas Association (CBA) has launched a new resource, FarmingBiogas.ca, aimed at educating Canadian farmers about agricultural biogas opportunities. Canada currently has more than 600 anaerobic digesters in operation within the agriculture sector, with more planned. While most agricultural biogas facilities today generate electricity for sale to the grid or on-farm use, the next wave of opportunity for agriculture could be upgrading the biogas into RNG and injecting directly into the natural gas grid.
U.S. oil and gas giant Chevron agrees that the future of energy is lower carbon but will not be allocating any major investments to solar or wind projects. Instead, the company is focused on three key areas to help it achieve a lower carbon intensity. In addition to carbon capture and storage and hydrogen, RNG is a key part of Chevron’s low carbon initiatives. The company has been making strides recently with renewable natural gas, working on projects with dairy farmers to capture methane emissions from waste streams and generate clean RNG.
Royal Dutch Shell, the European supermajor, outlined the details of its near-term and long-term plans to transition to cleaner energy, saying that its oil production and carbon emissions have already peaked. Shell now says it aims to reduce its net carbon intensity by 100% by 2050 compared to 2016 baseline levels. Previously, the company had committed to a 65% emissions reduction target by 2050. In its Strategy Day 2021 presentation, Shell also highlights its growing focus on RNG and decarbonizing transportation emissions through its Marketing and Integrated Gas segments.
For the latest articles on the RNG sector, click on the links below!
Feb 5-12, 2021
Canadian Biogas Association launches new resource for farmers
Chevron may not be an oil-first company in 2040, CEO says
Oil giant Shell says its carbon emissions and oil production have peaked
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