July 9th Issue of Greenlane Digest
IN THE NEWS
Greenlane (TSX: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 and carbon-negative 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 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 30+ years’ 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 125 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 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!
RNG project developer Brightmark LLC announced three new RNG projects in Michigan through its Brightmark RNG Holdings LLC, the joint venture with Chevron U.S.A. Inc. The three projects are all dairy farms and will utilize anaerobic digestion to process the manure into just over 270,000 MMBtu annually for injection into local pipelines while generating 89,000 metric tons of GHG credits. In October 2020, Brightmark and Chevron U.S.A. originally announced the formation of the Brightmark RNG Holdings LLC joint venture. The joint venture was created to own projects across the United States to produce and market dairy biomethane, with Chevron purchasing RNG produced from these projects and marketing the volumes for use in vehicles operating on compressed natural gas.
A consortium of French companies including CMA CGM Group and TotalEnergies have joined forces to study the feasibility of creating France’s first liquefied biomethane (bio-LNG) production unit for the shipping industry. The bio-LNG would enable the decarbonisation of shipping services departing from the Grand Port Maritime in Marseille and would be used primarily for CMA CGM’s LNG-powered vessels. Bio-LNG, combined with the dual-fuel gas engine technology developed by CMA CGM, reduces GHG emissions, including CO2, by at least 67%, relative to well-to-wake very-low-sulphur fuel oil. Based on a tank-to-wake measurement (at vessel level), the GHG emissions are reduced by 88%.
The Ontario government is changing biogas rules to create new ways for farmers to expand the emerging biogas and RNG market in the province, creating economic opportunities while maintaining the province’s strict environmental protections. The regulation changes will enable new on-farm biogas systems and expansion of existing systems to be approved more easily and at a lower cost to help ensure that Ontario continues to be a biogas sector leader in Canada. The changes will also help reduce GHG emissions by diverting waste from landfills and by encouraging production of RNG. The regulation changes will enable Ontario's $35 million-a-year biogas sector to grow by up to 50 percent over the next five years.
British Columbia has amended the Greenhouse Gas Reduction Regulation (GGRR) to increase the production and use of renewable gas, as well as green and waste hydrogen in the province. BC is the first province in Canada to make these changes allowing for the increased production of renewable gas. The GGRR allows utilities like FortisBC and Pacific Northern Gas to make time-limited investments, within spending and volumetric caps, to stimulate the domestic market for renewable gases and reduce GHG emissions. The amendment will enable utilities to increase the amount of RNG, green and waste hydrogen, and other renewable energy they can acquire and make available to customers, and help the province to achieve its CleanBC objectives, which commit to a 15% renewable gas content in the natural gas system by 2030.
For the latest articles on the RNG sector, click on the links below!
June 2-9, 2021
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