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May 19th 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 35 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 over 140 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!

Demand for natural gas captured at landfills, sewage-treatment plants and manure lagoons is rising. Now, buyers will be able to see how much more the so-called renewable natural gas—or "trash gas"— is trading above its fossil fuel equivalent. Energy information firm Platts, part of S&P Global Commodity Insights, has started publishing the daily prices paid in spot-market trades for RNG, which is considered more environmentally friendly. Though RNG accounts for only about 0.2% of all natural-gas consumed in the U.S., production is expected to rise sharply over the next three decades.

A new international consortium formed of global renewable energy certification leader Evident, M-RETS (USA), and Instituto Totum (Brazil) have finalised a memorandum of understanding (MoU) to develop new internationally accredited codes for biogas and biomethane, under the I-REC Standard. The goal of the new I-REC(G) Product Code is to develop a standardised tracking system that is fact-based and versatile, a global standard with local implementation. This code would serve as the basis for a certification scheme for producing biogas and biomethane. Beyond the current services provided by consortium members in the US and Brazil, there is already demand for I-REC(G) certification in a number of other regions.

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

May 12-19, 2023

'Trash Gas' gets a daily price as popularity grows

Consortium to develop international standard for biogas and biomethane

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