TSX GRN
LAST 0.095
CHANGE 0.01
TSX GRN
LAST 0.095
CHANGE 0.01

March 18th Issue of Greenlane Digest

IN THE NEWS

Greenlane (TSX:GRN) is a pioneer in the rapidly emerging renewable natural gas (RNG) market. 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 was highlighted in the following article this week:

Pacific Trader: A clean, green way to profit from the oil and gas gouge

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 30+ years’ 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!

The COVID-19 pandemic has devastated transit agencies’ ridership and revenue, and many agencies have minimal budgets left to transition away from fossil fuels. RNG can play a crucial role in creating a cost-effective path to zero-emissions that accounts for Canada’s diverse geography and regional needs. RNG is interchangeable with the conventional natural gas used in existing compressed natural gas buses (CNG), and it can be transported through existing pipeline systems to transit agency facilities using regular gas nomination and scheduling processes. A new RNG bus can also be purchased at almost half the cost of a battery electric bus, with its fuel costing about the same as diesel.

The Renewable Gas Forum Ireland (RGFI) has welcomed the European Commission’s increased target for biomethane production. On March 8, as part of its REPowerEU plan, the Commission announced that biomethane will deliver 20% of the current EU gas imports from Russia by 2030, which amounts to 35 billion cubic metres. The RGFI promotes a scalable, agri-feedstock-based model of AD biomethane production to decarbonise thermal processes in the food industry while also supporting farmers, the environment, and the circular bioeconomy.

A small town in the UK has become the first in the country to get all its gas supply from biogas. Locals in South Molton now receive all their gas and nearly half their electricity from the anaerobic digestion of animal waste. South Molton’s AD facility uses crops and poultry waste to create enough renewable energy to provide gas to the entire town, which has a population of approximately 5,000. The biogas is turned into renewable energy and injected directly into the gas and electricity grid by the facility. The feedstock is sourced from local farmers.

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

Mar 11-18, 2022

Catch a Carbon-Negative Ride: RNG crucial to fulfilling zero-emission transit commitments

Irish organisations back EU’s 2030 biomethane target

Biogas from animal waste supplies entire UK town

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