July 15th Issue of 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.
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!
Bioenergy Europe released its 2022 Statistical Report Biogas in collaboration with the European Biogas Association (EBA). The report dives into the recent trends of consumption and production of biogas in Europe. Its accompanying Policy Brief presents the most relevant legislative recommendations to promote the biogas sector as key player in EU’s energy transition. Biogas is a versatile renewable fuel that can be used to decarbonize heat or electricity. When upgraded to biomethane, it can also be injected into the existing gas grid or used as a green fuel in transportation. Sustainable biogas production also reduces waste and methane emissions from manure and landfilling, and limits dependency on mineral-based fertilizers. Compared to EU fossil fuels, biogas can save up to 240 per cent of GHG emissions and biomethane up to 202 per cent because powerful greenhouse gases, such as methane, that would have been emitted through uncontrolled fermentation of organic waste and agricultural residues are eliminated.
At a few pennies per kilowatt-hour, farmers don’t make much from the electricity they generate from cow manure. So producers are turning to markets clear across the country to sell a more promising type of power: renewable natural gas. California’s low-carbon fuel standard is driving changes in the way farmers turn manure into energy. After years struggling to make enough money from electricity sales to maintain aging generators, farmers are switching to RNG, which generates credits for California’s low-carbon fuel standard program and could give new purpose to manure digester systems that might otherwise go idle. Unlike electricity generated from methane, RNG doesn’t have to be sold to a utility company and put on the power grid, where returns are meager in most of the United States. Instead, it’s fed into pipelines and sold to municipalities or transit agencies for vehicles or to industrial users, generating credits under state clean air standards in California and, perhaps soon, New York and other states.
For the latest articles on the RNG sector, click on the links below!
Jul 8-15, 2022
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