June 17th 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!
Swedish biogas producer Scandinavian Biogas Fuels International AB said it has entered into an agreement valued at an initial 2.7 billion Swedish kronor ($269 million) to deliver bio-liquefied natural gas to German transportation fuel provider Alternoil GmbH. The agreement will see it deliver 8,000 metric tons in 2024, rising to 11,500 tonnes a year between 2025 and 2030, corresponding to more than 1 terawatt-hour of energy. One terawatt-hour of bio-LNG equals 5,500 trucks driving 100,000 kilometres. The biogas will be used in Alternoil's Reefuel climate-neutral fuel for heavy transportation vehicles.
The California Energy Commission awarded SoCalGas a $750,000 grant to pursue development of a novel hydrogen production system using biogas to create affordable, scalable, renewable hydrogen. The project will build upon innovations in modular hydrogen production technology to create a system powered by renewable electricity that can use renewable gas such as biogas from landfills, wastewater treatment plants or dairy farms as a feedstock to produce low-cost clean hydrogen. Testing of the system is expected to begin in 2023.
As of 2021, there were approximately 279 biogas and RNG projects being operated in Canada, and it is estimated that only 14% of Canada’s feasible biogas and RNG potential is being realized. This means new RNG projects can contribute significantly to helping Canada achieve its climate target of reducing methane emissions 30% below 2020 levels by 2030. It is estimated that by 2030, RNG production globally will be seven times that of 2020, and by 2050, global production will be 27 times that of 2020. In British Columbia, the CleanBC Plan aims to have 15% of natural gas supply consist of renewable gases such as RNG by 2030. Alberta and Québec have implemented carbon offset systems which award landfills and agricultural facilities for collecting and utilizing biogas. From 2021 to 2030, Canadian RNG production potential is expected to grow by 7% simply from industry and population growth.
For the latest articles on the RNG sector, click on the links below!
Jun 10-17, 2022
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