The 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.

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!

U.S. funding for clean energy projects will help energy pipeline operator Kinder Morgan accelerate its investments in RNG and carbon sequestration, executives recently said. The Inflation Reduction Act signed into law last September “accelerates growth opportunities” in RNG, renewable diesel, hydrogen as well as carbon capture and storage (CCS), according to a presentation by Kinder Morgan, the largest operator of carbon dioxide pipelines in North America. The company, which has a network of pipelines that transport natural gas and refined products, recently expanded its energy transition business with three acquisitions as well as a carbon dioxide transportation and sequestration deal. It also decided to go ahead with a plan to convert its Autumn Hills landfill to an RNG facility, with construction scheduled to begin this month.

Cows in southeastern South Dakota are powering vehicles in California. The process of turning manure into fuel is nothing new, but government incentives for curbing greenhouse gases have caused a boom in such projects, especially at dairy farms. Dairy farmers are fielding a lot of phone calls from companies looking to build digesters, said Dr. Dan Anderson, an extension expert in agricultural and Biosystems engineering at Iowa State University. Iowa used to have four anaerobic digesters in operation. By Anderson’s count, that number has ballooned in the last year and a half to about 90. Ag-based natural gas projects have grown steadily over the last five years, driven by policies such as the federal Renewable Fuel Standard, which requires a certain amount of transportation fuels from renewable sources like ethanol be blended with petroleum-based products. Some states, including California, Washington and Oregon have their own programs, like California’s Low Carbon Fuel Standard. Minnesota plans to propose its own. Passage of the Inflation Reduction Act last year put biogas on par with wind and solar in terms of federal taxes for the first time.

Volvo Trucks is now launching a new, stronger gas-powered truck that can run on liquified biogas. The new truck can carry out demanding, long distance transport tasks, while reducing overall CO₂ emissions. Five years ago, Volvo Trucks launched its trucks that can run on liquified biogas, often called bio-LNG, which is a renewable fuel that can be produced from many types of organic waste, including food scraps. The fuel can reduce CO₂ emissions by up to 100%. European production of bio-LNG is expected to ramp up quickly to shift away from the use of fossil LNG. The EU Commission’s REPower EU program is focused on rapidly increasing domestic production capacity for different kinds of energy. The plan is to boost annual biogas production ten times by 2030. More than 78 bio-LNG plants are already confirmed to be ready in Europe by 2024, with Germany and Italy, together with the Netherlands, expected to be the leading bio-LNG countries in the coming years.

For the latest articles on the RNG sector, click on the links below!

Jan 27-Feb 3, 2023

Kinder Morgan sees tax credits speeding up clean energy investments

Fuel from the farm: Dairy farms a growing source of renewable fuel

Volvo launches powerful bio-LNG truck for lowering CO₂ on longer transports

Greenlane Renewables
Email: IR@greenlanerenewables.com
Phone: 604.493.2004
Address: 110 - 3605 Gilmore Way, Burnaby BC V5G 4X5, Canada.