The global drivers for the alternative energy market are the world’s commitment to reduce its greenhouse gas emissions, air and water pollution and to ensure security of supply, reducing fossil fuel reliance, while continuing to meet rising energy demand.
Biomethane, also referred to as Renewable Natural Gas (“RNG”), can play an important role in the reduction of greenhouse gas emissions. It represents an opportunity to deliver a renewable fuel within a relatively short time frame that uses existing infrastructure and can be injected directly back into the grid or used for vehicle fuel. The solution uses waste from organic sources such as food, animal manure, agriculture and landfill together with an already advanced technology for upgrading biogas to biomethane. Water scrubbing technology, in which Greenlane is a world leader has been around for over 20 years.
At a local level the drivers for this market are government policies and incentives, which operate under different names in many countries around the world including France and Italy. In the UK it is the Renewable Heat Incentive (“RHI”). In Denmark the Government is pushing for large scale upgrading and Italy is looking to run large vehicle fleets off Compressed Natural Gas (“CNG”), with renewable gas contributing to this.
In addition local environmental concerns are also driving this market. In China there is increasing interest in the benefits of managing agricultural waste by converting it rather than burning it, which contributes to air pollution. Greenlane is currently working with China’s Agricultural University to demonstrate how agricultural waste can have value as a clean source of energy. In the United States for example, Yakima County is one of the most active dairy centres and concerns about the dairies impacting water and air quality have led farmers to look for ways to improve their waste management practices. Greenlane is also active in this market where it has a contract with Promus Energy, a project development company focusing on renewable and sustainable technologies.
Renewable gas has the potential to make a significant contribution to the reduction of greenhouse gas emissions while enhancing the security of energy supply. With an endless supply of potential source material from increasing global waste and several already advanced technologies available for treating and converting the biogas, there is little to stop this market seeing rapid growth as global governments seek solutions to increasingly stricter regulations on CO2 emissions.
Greenlane is one of the world’s largest suppliers of biogas upgrading technology.
Chesterfield Special Cylinders provides trailer storage for hydrogen gas used for vehicle refuelling stations and bulk transport for compressed biomethane. New opportunities in this market are expected to arise mid-term, as demand for hydrogen and natural gas increases.