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May 20th 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.

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 two largest landfill operators in North America have committed nearly $2 billion recently for new RNG installations, indications that the fossil fuel substitute is overtaking production of electricity as the preferred end-use of the captured methane. Waste Management on 28 April said it will invest $825 million to build RNG plants at 17 landfills it owns, more than doubling its RNG production sites. A week later, Republic Services, the second-largest landfill operator, and biofuels firm Archaea Energy on 5 May announced a $1.1-billion joint venture to develop 39 RNG projects across the US. In its semi-annual North America Natural Gas Long-Term Outlook, released in February, S&P Global Commodity Insights said that RNG production in North America was about 170,000 MMBtu/day in 2020, but will more than double to about 450,000 MMBtu/day in 2022. Output is projected to rise to about 550,000 MMBtu/d in 2023 and grow steadily to nearly 1 million MMBtu/d in 2026.

Environmental consultant ecoprog said it expects about 8.1 million annual tonnes of additional capacity to be built for the fermentation of municipal biowaste by 2030. The main reasons for this growth are EU regulations stipulating a separate biowaste collection from 2024 onwards as well as the booming biomethane market. Biomethane plays a very important role in the EU’s policy for increasing the use of renewable energies. In the past, biogas was mainly used to generate electricity. But in recent years,  biomethane has become more important as a fuel and on the heat market, where there are only limited alternatives to fossil sources (contrary to the situation in the electricity market) – a situation that is even more evident now, in times when natural gas costs are increasing due to the war in Ukraine.

The European Biogas Association (EBA), representing nearly 8,000 stakeholders across the whole biogas value chain in Europe, has appointed Anders Mathiasson as new President of the association. He will steer the work of the EBA for the period 2022-2025, together with eight new Board members.  The EBA has grown significantly over the past years, reaching a membership growth of over 50%. Biogas and biomethane production are widely spread across the EU and the industry is now experiencing an accelerated expansion. Europe is producing today 15 bcm of biogas and 3 bcm of biomethane. The production of biogas and biomethane has already created 210,000 green jobs in Europe and is saving every year 60 Mt of GHG emissions (CO2 equivalent).

The REPowerEU detailed plan presented this week proposes a Biomethane Action Plan, including a Biomethane Industrial Alliance, to stimulate the renewable gas value chain and achieve the production of 35 bcm of biomethane by 2030 across the European Union. The plan includes a targeted revision of the Fitfor55 energy efficiency and renewable targets, together with the necessary measures to accelerate RES permitting and recommendations to facilitate renewable gas injection. This is a stepping stone to the achievement of climate-targets, the circular bio-economy and security of supply across Europe.

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

May 13-20, 2022

North American biogas industry gets $2-billion infusion

European biowaste market is growing ‘significantly’

EBA’s new leadership team will lead the expansion of the biogas sector for the next three years

The REPowerEU puts forward a Biomethane Action Plan to scale-up the sector by 2030

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