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September 1st 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!

The RNG industry is gearing up for an expected growth spurt in demand starting next year as heavy-duty vehicle fleets look to switch their engines over from diesel to natural gas. The increase will be driven largely by the anticipated rollout of Cummins’ new 15-liter natural gas engine, the type favored by commercial long-haul fleets, as well as by federal and state policies that encourage the adoption of lower-carbon fuels. Clean Energy Fuels, which operates a network of RNG distribution systems and filling stations, anticipates “substantial” requests for the engine when the order book opens later this year. RNG use as a transportation fuel grew 17% in 2022 from the prior year and 218% over the previous five years, the RNG Coalition says. More broadly, the RNG market makes up just 0.5% of the North American gas market today, according to Wood Mackenzie. But with continued policy support and technology development, it projects that will grow to 3% by 2050 to around 4 billion cubic feet per day.

Norsk Hydro has said that bioenergy can replace fossil energy at its Sunndal aluminium plant in Norway. The move will reduce CO2 emissions by 20,000 tonnes each year and is an example of Hydro taking another step towards zero-carbon aluminium, the organisation added. Hydro Sunndal plans to replace 70% of the natural gas used at the smelter with biomethane.

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

Aug 25 - Sep 1, 2023

RNG sector eyes growing US transport market

Norsk Hydro’s Sunndal aluminium plant to become 70% biomethane-powered

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