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.
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!
NGVAmerica applauds the introduction by Representatives Linda Sanchez and Brian Fitzpatrick of H.R. 2448, the Renewable Natural Gas Incentive Act of 2023, a bipartisan effort to provide a $1.00 per gallon tax credit for motor vehicles that use RNG to further support clean and efficient transportation across America. The Renewable Natural Gas Incentive Act of 2023 would create a $1.00 per gallon tax credit for dispensers of RNG used for transportation, thereby encouraging commercial truck and transit fleets to convert their vehicles from diesel to zero emission equivalent RNG, or biomethane.
Nordic energy company Gasum launched a new strategy for the next five years in 2022, in which it aims to shift the emphasis of its business and operations more towards RNG and electricity. In 2022, the firm delivered 1.7 terawatt hours (TWh) of biogas to its customers, and its ambitious new goal is to bring 7TWh worth of RNG annually to the Nordic market by 2027. Gasum currently produces biogas in 17 plants in Finland and Sweden from different waste streams such as sewage sludge, manure and biowaste. Finland, Sweden, and Norway together currently produce about 4 TWh of biogas per year. Denmark is the largest biogas producer of the Nordic region with around 8 TWh produced annually. The increase in Gasum's supply to 7 TWh would mean a cumulative yearly reduction of 1.8 million tons of carbon dioxide.
Egypt's Industrial Products company has signed a contract with the National Company for Animal Production of the National Service Projects Organization, to establish Egypt’s first biogas facility. The factory will annually process 85,000 tons of cattle dung to produce one megawatt/hour of electricity to be connected to Egypt's national electricity grid. It will also produce more than 80,000 tons of high-quality organic fertiliser, proven to be effective in restoring agricultural soil fertility and doubling its productivity. The facility will also contribute to reducing greenhouse emissions by about 5,000 tons of carbon dioxide.
For the latest articles on the RNG sector, click on the links below!
Apr 7-14, 2023
NGVAmerica champions introduce $1.00 RNG Motor Fuel Tax Credit Bill in U.S. House
Nordic energy company Gasum intends to produce 7 TWh RNG annually by 2027
Egypt establishes its first biogas plant
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