April 17th Issue of Greenlane Digest
IN THE NEWS
Greenlane (TSXV: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 clean energy resource.
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 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 delivered more than 100+ biogas upgrading installations in 18 countries and counting. We’ve learned a lot along the way. First to market in 11 of the 18 countries where our systems operate, we’re also proud to have supplied the systems for the largest RNG production facilities in North America and Europe, respectively.
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 Coalition for Renewable Natural Gas is continuing its efforts to advocate for RNG development despite the impacts of the COVID-19 pandemic. The Director of Operations for the organization said the biggest issue impacting RNG producers during the pandemic is lower fuel demand, although it is too early to tell what the impact will be on longer-term project development activities.
FortisBC announced the launch of its third and largest landfill RNG project in partnership with the city of Vancouver. The utility will own and operate the system at the Delta landfill and pay the city for its gas, which will go back to the municipality to fuel its compressed natural gas trucks. Construction is scheduled to begin later in 2020 and take 18 to 24 months to complete.
The Virginia Clean Economy Act was signed into law, which requires nearly all coal-fired electricity generation plants in the state to close by 2024. Under the new legislation, electricity must come from 100% renewable sources with energy companies not able to meet their targets required to pay penalties. Part of the revenue generated from these penalties will fund clean energy job training and renewable energy programs in historically disadvantaged communities.
The Port of Seattle has approved a contract for renewable natural gas that will enable the organization to reach its 2030 target of reducing its carbon emissions by 50 percent, which is almost a decade earlier than originally planned. The Port will purchase enough RNG through the 10-year supply agreement to fuel 55 percent of the SeaTac International Airport Terminal and its entire bus fleet to reach the 50 percent emissions reduction. The delivery of RNG will commence in early October.
For the latest articles on the RNG sector, click on the links below!
April 13-17, 2020
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