July 8th 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!
With its low to negative-carbon intensity score, easy deployment into existing infrastructure, and comparative cost against today’s soaring fossil fuel prices, RNG is a vital part of a diverse energy mix. Legislative programs have been, and continue to be, created to incentivize alternatives to fossil fuels. Not only is RNG recognized under the Renewable Fuels Standard (RFS) as an eligible fuel in the transportation sector, but Low Carbon Fuels Standards (LCFS), such as the California version, also recognize and compensate RNG as an eligible transportation fuel. In addition to these legislative programs, recent funding bills at both the federal and state levels have earmarked money for RNG investment and expansion. With shareholder pressure, ESG priorities, and organizational carbon neutrality pledges driving the rapid transition to emerging energy markets, organizations across market sectors are increasingly choosing RNG as a sustainable fuel source to help achieve near-term ESG and sustainability commitments.
Gas Networks Ireland announced plans to build Ireland’s first large-scale renewable gas injection facility in Cork, with construction expected to commence next summer. The €30 million Green Renewable Agricultural Zero Emissions (GRAZE) renewable gas project, which includes the construction of a central grid injection (CGI) facility, will receive and inject biomethane generated from farm and food waste through a process called anaerobic digestion from up to 20 local farm-based producers. At maximum capacity, the facility will inject enough biomethane to meet the requirements of up to 64,000 homes.
The Gas for Climate (GfC) consortium has published an update on biomethane production potentials in EU Member States , building on the goal of the EU to accelerate biomethane production and advance technology. The study shows that enough sustainable feedstocks are available in the EU-27 to meet the REPowerEU 2030 target (35 bcm). In GfC’s estimate, up to 41 bcm of biomethane in 2030 and 151 bcm in 2050 could be available. This is significant as the current (2020) EU natural gas consumption is 400 bcm (of which 155 bcm was imported from Russia).
For the latest articles on the RNG sector, click on the links below!
Jun 30-Jul 8, 2022
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