May 27th 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!
In a recent interview, Shell’s Vice President of Low Carbon Fuels discussed the global energy company’s approach to the energy transition and its vision of the future of biofuels. Sustainability is at the heart of Shell’s strategy, and sustainable biofuels, such as sustainable aviation fuel (SAF), renewable diesel, bioethanol, and RNG (both in the form of compressed natural gas and bioLNG) play an important part in achieving this ambition. Shell announced the start-up and production of RNG at its first U.S. biomethane facility, Shell New Energies Junction City in Oregon, in September 2021. The facility utilises locally sourced cow manure and excess agricultural residues to produce an expected 736,000 MMBtu a year of RNG. Biofuels specifically will be especially important for harder to abate sectors. For the aviation, marine, and heavy-duty road transport sectors, Shell views biofuels as a critical lever in decarbonization. Achieving its 2050 net zero ambition means that by 2030, Shell would produce eight times more biofuels than it does today, as well as increase low carbon fuels sales to more than 10% of transport fuels (up from 3% in 2020).
The European Commission has pledged €37 billion to increase biomethane production as part of the €300bn RePowerEU plan to stop Russian energy imports and move to green energy by the end of the decade. A new biomethane action plan will see the development of biomethane industrial partnerships across the sector, as well as financial incentives to increase production to 35 billion cubic metres by 2030, including through the Common Agricultural Policy.
Brazilian biogas producers and piped gas distributors are joining efforts to find ways to develop more biomethane supply and overcome obstacles to agreements with local distributors. Brazilian piped gas distributors association Abegás and Brazilian biogas producer's association Abiogás are jointly studying how to expand biomethane production and create conditions for gas distributors to procure the renewable fuel. The intention is to find ways for natural gas and biomethane to replace more polluting fuel sources, such as diesel in heavy vehicles. Abiogás estimates that potential biomethane supply could eliminate 70 percent of all Brazilian diesel consumption.
For the latest articles on the RNG sector, click on the links below!
May 20-27, 2022
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