September 25th 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!
The Canada Energy Regulator (CER) believes that British Columbia has a good chance to reach an ambitious goal set by provincial governmental policy through the CleanBC program, which calls for RNG to reach 15% of total gas supply over the next decade. While the CER states that this goal will require a significant increase in production from initial levels (0.2% RNG in total gas supply), BC has the raw feedstock (municipal, agricultural and forest products industry waste streams) to produce enough RNG.
As part of the Green Gas Levy in the UK, the government is planning to scale up biomethane production to heat 230,000 homes as part of its strategy to decarbonize the natural gas grid and reach net-zero GHG emissions by 2050. The government believes that at full deployment, biomethane could deliver a 6% reduction in the UK’s GHG emissions by 2030 and provide heating for 6.4 million homes.
In Europe, Volvo Trucks is seeing an increased interest in gas as an alternative fuel to the incumbent diesel for heavy-duty truck transportation, as companies continue to focus on reducing CO2 emissions and costs in their fleets. Volvo has two models, the FH and FM, that have powertrains that run on liquefied natural gas (LNG) and liquefied biogas (LBG). Volvo believes that liquefied biogas is an important alternative to diesel as the energy transition gains momentum, as LBG can reduce net emissions by up to 100% from tank-to-wheel (TTW).
While short on details, the Trudeau government says it will launch a new fund focused on green technology, in addition to highlighting investments necessary to support the adoption of renewable energy technology in order to meet the new clean-fuel standard. The fuel standard, which is slated to take effect in 2022, will require companies to reduce GHG emissions throughout the supply chain – a process in which RNG can play an immediate and important role today.
And the Southern Company, one of the largest utilities in the United States, believes it can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business to generate electricity and distribute gas. Although the company is growing its renewable portfolio, it still intends to keep building new natural gas-fired power plants to meet supply needs. The company highlights implementation of fossil gas alternatives biomethane and RNG within its portfolio that will contribute to its net-zero goals.
For the latest articles on the RNG sector, click on the links below!
Sep 18-25, 2020
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