August 14th 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!
State incentives designed to help California’s dairy industry reduce methane emissions have led to a spike in the number of manure digester developments underway on California dairies, as the state has legislated a 40% reduction in manure methane emissions by 2030 from its 1.4 million dairy cows, which are the largest source of methane in the state. The increase in digester development projects in California as a result of financial incentives and energy market opportunities created by the cap-and-trade and LCFS programs has generated interest in similar projects across the United States.
In India, a natural gas boom is being predicted that could involve $140 billion of new direct investment in the sector over the next decade as the government seeks to transition away from oil and coal and increase access to gas for 70% of the population. The Oil Secretary believes that the rapidly expanding gas distribution sector in the country must incorporate biofuels, including biogas, into gas supply to reduce reliance on imports of crude oil and LNG. As India is largely an agricultural economy, there are plenty of feedstocks available with the potential to produce biofuels – ethanol, biodiesel, and biogas. With moves being made to blend ethanol extracted from sugarcane with gasoline, and diesel with biodiesel produced from non-edible oils, biogas production from the various available feedstocks will hopefully now be moving into focus.
An editor for the World Biogas Association has penned a blog discussing the developed world’s tendency to focus on big-ticket, high tech solutions to climate change without the need to act urgently and responsibly, a mindset which tends to overlook solutions that can deliver immediate results, such as biogas and anaerobic digestion. The low-hanging fruit of renewable energies, such as RNG, remain marginalized. He argues that biogas is the “fast-action transition fuel”, capable of delivering a 12% cut in global carbon emissions over the next decade. Inclusion of biogas in the next round of five-year plans for all 196 countries that have signed the Paris Agreement is a must.
We have previously highlighted the regulatory decision last month in Oregon allowing natural gas utilities to incorporate RNG into their gas distribution networks. NW Natural, a Portland-based natural gas utility, discussed the optimistic outlook the company has for RNG in its second quarter conference call. With an expanding customer base and the regulatory framework now favorable for RNG, the utility said its top priority is to “get as much RNG product in our pipeline system as possible”. The company is actively evaluating opportunities to invest in RNG projects and enter long-term RNG supply contracts, both positives for Greenlane and the industry.
Global beer giant Anheuser-Busch is transitioning its dedicated truck fleet to RNG, with an initial 180 trucks (30% of the fleet) slated to start using RNG. As part of its ongoing commitment to sustainable logistics and reducing carbon emissions, through which the company is targeting a 25% reduction in GHG emissions across its value chain by 2025, the brewer expects to reduce its emissions from the RNG fleet by more than 70% compared to conventional diesel fuel.
For the latest articles on the RNG sector, click on the links below!
Aug 7-14, 2020
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