June 19th 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!
Greenlane announced the appointment of Candice Alderson to its Board of Directors, effective June 12, 2020. Ms. Alderson is currently a Senior Vice President, Infrastructure Investments for the Ledcor Group of Companies, responsible for leading the Infrastructure Investment group overseeing equity investments and supporting multiple Ledcor divisions in the pursuit of major infrastructure projects.
The European Biogas Association (EBA) and the Natural and Bio Gas Vehicle Association (NGVA Europe) have published a new report documenting the current uptake of biomethane in the transportation sector and its potential. Today, almost 25% of Europe’s refuelling network supplies biomethane, although the EU’s goal to reduce transportation GHG emissions by 60% by 2050 will require significant bioCNG and bioLNG expansion and uptake say the organizations.
As a growing number of local governments in California have been rolling out policies that promote the electrification of buildings, the state’s energy regulators must now work on the task of planning for the future of the natural gas system. Gas utilities service more than 11 million customers in California, the majority of which are in the SoCalGas and Pacific Gas & Electric territories. California’s energy system is in the midst of a major transformation to reduce GHG emissions and reach the state’s climate goals, and RNG is anticipated to play a key part. There are currently three projects injecting RNG into utility pipelines, with the potential for biogas to replace about 20 percent of current demand. If natural gas demand falls due to electrification, RNG displacement of fossil natural gas could rise to 40 or 50 percent.
Global oil and gas giant BP outlined how rapidly global carbon emissions need to fall in order to reach net zero by 2050. The supermajor released its annual Statistical Review of World Energy, in which it stated that some aspects of global energy trends prior to the pandemic were encouraging, including strong growth of renewable energy, although there is a risk that the reduction in carbon emissions as a result of the pandemic will be temporary and vanish as global economies restart. BP, which has committed to become a net zero emissions company by 2050 or sooner, believes that the coronavirus will accelerate the transition to a lower-carbon economy and energy system.
The European Biogas Association (EBA) and Gas Infrastructure Europe (GIE) released new data that show the number of biomethane plants in Europe has increased by 51% in two years, with 18 countries in Europe producing biomethane, led by Germany, France and the UK.
For the latest articles on the RNG sector, click on the links below!
June 12-19, 2020
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