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 more than 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!
California utility PG&E interconnected its first four RNG projects in 2022 and now has millions of cubic feet of RNG flowing through its pipelines, created from methane captured from manure at dairies in the Central Valley. The RNG is injected into PG&E's pipeline, which runs throughout the state of California, and will be used as transportation fuel to replace fossil fuel diesel. Although dairies are a significant source of methane, PG&E believes other sources could soon be added to the system as well, including wastewater treatment plants and industrial landfills. PG&E has a goal of 15% RNG in its gas system by 2030.
A new report from the European Biogas Association (EBA) shows that, in 2030, the whole system benefits of biomethane production in the EU27 and the UK could range from €38-78 billion per year, rising to €133-283 billion by 2050. The study, “Beyond energy: monetising biomethane’s whole system benefits”, shows that anaerobic digestion could deliver an additional benefit of €84-175/MWh of biomethane produced, while thermal gasification could deliver an additional €80-162/MWh. These benefits outweigh the current cost of producing biomethane through these technologies (€55-100/MWh and €85-110/MWh for anaerobic digestion and thermal gasification, respectively).
UGI Energy Service (UGIES), a subsidiary of utility UGI Corporation, and Archaea Energy, a subsidiary of global supermajor bp, announced a new joint venture, Aurum Renewables (Aurum), to develop an RNG project at a landfill in Pennsylvania. Under the joint venture, UGIES will contribute its existing 11 megawatt landfill gas-to-electricity facility, and Aurum will develop a new RNG facility where the landfill gas will be upgraded into RNG. Once complete, the project is expected to have the capacity to produce approximately 5,000 MMBtu per day of pipeline-quality RNG.
For the latest articles on the RNG sector, click on the links below!
Feb 10-17, 2023
California utility PG&E capturing methane from dairies as new source for natural renewable energy
EBA: Monetary value of biomethane “far outweighs” production costs
UGI launches JV to develop RNG project in Pennsylvania
Greenlane Renewables
Email: IR@greenlanerenewables.com
Phone: 604.493.2004
Address: 110 - 3605 Gilmore Way, Burnaby BC V5G 4X5, Canada.