TSX GRN
LAST 0.085
CHANGE 0.01
TSX GRN
LAST 0.085
CHANGE 0.01

July 28th 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 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.

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!

California fleets increasingly turn to RNG, with consumption climbing 169% over the last five years to 190.46 million gallons, and investments in pipeline-quality RNG projects soaring from a few million dollars to billions in that same window.  With the boom, this biogas-sourced fuel is getting cleaner; fleets have achieved carbon-negativity for three consecutive years. The bulk of the supply comes from wastewater treatment plants, dairy farms, and landfills that are cleaning and processing methane from decomposing organics, compelled by California’s SB1383 requiring them to capture methane rather than flare it to mitigate climate impact. Today, the breakdown of RNG by feedstock goes like this, according to RNG Coalition: 5% from wastewater, 6% from food waste, 17% from ag waste, and the lions’ share –72% – from municipal solid waste.

Colorado Springs Utilities and three other utility companies operating in Colorado are seeking new sources of RNG as part of ongoing statewide efforts to reduce greenhouse gas emissions. Colorado Springs Utilities, Atmos Energy Corporation, Black Hills Energy and Xcel Energy-Colorado issued a joint request for information seeking future developers of RNG. Gas distribution utilities with more than 90,000 customers must submit Clean Heat Plans to the state by August 1. The plans support efforts to reduce greenhouse gas emissions statewide and must show how the utilities propose to work with their residential and business customers to reduce carbon emissions generated from natural-gas based appliances and heating equipment. A critical element of efforts to cut greenhouse gas emissions, the utilities’ websites state, includes increased use of recovered methane from dairy and livestock farms, wastewater, landfills, food production facilities, organic waste management operations and coal mines to produce RNG. Adding RNG resources to their portfolios will help Colorado Springs Utilities, Atmos Energy, Black Hills Energy and Xcel Energy further diversify their energy resources.

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

Jul 21-28, 2023

RNG for transportation sees uptick: Part 1

Colorado Springs Utilities among group seeking future RNG developers

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