October 30th 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!
A new study released last week by NGVAmerica compared public transportation subsidy programs in the states of Texas and California designed to transition the states to cleaner vehicle technologies. The results of the study reveal that although California spent 46 percent more public money, focused primarily on EV technology, it achieved 43 percent less overall emissions reductions than Texas. Texas has opted for an “all of the above” approach, including natural gas vehicles (NGVs) using RNG, and the study reinforces the fact that NGVs fueled with RNG are the most immediate and cost-effective carbon-free transportation solution available now.
In Europe, another trucking firm is moving to RNG as a fuelling option for a portion of its fleet. Finnish trucking firm Posti is investing in biogas-powered trucks to reduce its emissions and create Finland’s largest biogas fleet operated by a transportation company. The company estimates the new biogas trucks will reduce CO2 emissions by 1,620 tonnes annually.
SoCalGas, the United States’ largest natural gas utility, announced that it has commenced dispensing RNG at many of its natural gas fueling stations across California. SoCalGas highlights RNG as an important tool in reducing GHG emissions and anticipates major growth of RNG production in California. Over the next three and a half years, at least 160 RNG production facilities are expected to come online in California to serve transportation, replacing roughly 119 million gallon equivalents of diesel fuel.
For the latest articles on the RNG sector, click on the links below!
Oct 23-30, 2020
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