July 22nd 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.
Vanguard Renewables, a U.S. leader in organics-to-renewable energy, is being acquired by BlackRock Real Assets from Vision Ridge Partners for US$700 million. BlackRock is partnering with Vanguard Renewables’ management team to drive its next phase of growth, including its plans to commission more than 100 anaerobic digesters to produce renewable natural gas across the United States by 2026.
Founded in 2014, Vanguard Renewables has worked to change the perception of U.S. food waste and how it can be recycled into renewable energy to benefit the planet. Vanguard mitigates greenhouse gas emissions from food waste and cow manure through: Vanguard Organics’ Farm Powered® anaerobic co-digestion which processes and converts inedible food and beverage waste and dairy manure into renewable natural gas and liquid low-carbon fertilizer; and Vanguard Ag, which converts manure into renewable natural gas.
World Biogas Association Chief Executive Charlotte Morton opened the International Biogas Congress in Brussels last month to an audience of 350 delegates from across the world. Morton was the Chair at this year’s event and also took part in a session about delivering the full potential of biogas by 2030. She highlighted the contribution that anaerobic digestion (AD) and biomethane can make towards achieving not only climate change objectives but also increased energy security.
“The energy crisis – worsened by Russia’s invasion of Ukraine – has woken Governments to the importance of energy independence,” Morton said. “AD and biogas are a reliable green alternative to fossil fuels that helps countries decarbonise the hardest to decarbonise sectors of heat, transport, waste management and agriculture. Many countries have now realised that investing in biogas/biomethane is common sense in their efforts to improve their energy independence, especially from Russia.”
Trucking companies are making bold commitments to cut their carbon footprint in an effort to become net zero by 2030. More than just operational improvements, new business practices and cost-effective alternative technologies are needed to move beyond even the cleanest diesel platform. Renewable natural gas (RNG) has emerged as the leading pathway for low carbon, clean air trucking.
RNG is the lowest carbon transportation fuel available. When used for vehicle fueling, RNG reduces carbon two-fold: first by capturing methane that would escape into the atmosphere; and second by replacing high-carbon diesel fuel, another short-lived climate pollutant (i.e., black carbon). The California Air Resources Board monitors the lifecycle carbon emissions of fuels from cradle to grave. The chart below shows the carbon intensity of traditional fossil fuels and low-carbon alternative fuels. RNG produced from dairy manure has carbon emissions that are up to 300% cleaner than diesel fuel. RNG has the potential to be negative carbon-intensive, which is a game changer. Replacing just 25% of a fleet’s diesel trucks with negative carbon-intensive RNG from dairy manure can reduce a fleet’s carbon emissions by 100%.
Lawrence, Kansas residents appear on the verge of finding out how a landfill or dairy farm make the natural gas used in your home greener. The city of Lawrence was named as part of a proposed pilot project announced by Black Hills Energy, the largest natural gas provider in the city. The company is seeking approval from state utility regulators to allow people to voluntarily pay an extra amount on their monthly natural gas bills to help fund something called “renewable natural gas.”
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!
For the latest articles on the RNG sector, click on the links below!
Jul 18-22, 2022
Vanguard Renewables Acquired by BlackRock for $700 Million
Charlotte Morton addresses International Biogas Congress in Brussels
RNG is decarbonizing trucking today
Lawrence customers soon may be able to pay extra on natural gas bills to promote greener energy
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