RNG NEWS
GIP Finalizes Sale of ITCs for RNG Project in Colorado
Clean energy company Green Impact Partners has executed the final Purchase and Sale Agreement (PSA) in relation to the Investment Tax Credits (ITCs) for the GreenGas Colorado renewable natural gas (RNG) project.
As a result of achieving this milestone, the company will receive a contingent payment from Amber Infrastructure, which agreed to buy a 50% stake in the project in Colorado early last year. At the time, GIP said it was to receive $28.5 million upon close and a further $15.5 million “upon the potential future completion of a third-party sale” of credits associated with the project.
Federal RNG Incentives in Spotlight; Plus News From Burnham RNG, Waga Energy and More
The renewable natural gas industry capped off a busy year with plans to push forward new regulatory incentives. The federal measures, including a transportation fuel tax credit, would add additional tailwinds to RNG production at a time when D3 RIN prices have been on a steady climb for six months.
The U.S. Treasury also released guidance in December on how it planned to implement the Clean Hydrogen Production Credit, a program created by the Inflation Reduction Act and known as Section 45V in the tax code. Some landfill operators hope to see the program made available for hydrogen produced from biogas or RNG, though it’s unclear how likely that is with the current rule language. Public comment for Section 45V is open until Feb. 26.
SJI and Captona Announce Construction of one of Largest Food Waste-to-RNG Facilities in US
SJI remains committed to investing in projects to advance the clean energy and decarbonization goals of New Jersey and our region. SJI, Captona, and RNG Energy Solutions have announced their partnership to construct one of the largest food waste-to-renewable natural gas (RNG) projects in the United States. The Linden Renewable Energy (LRE) Project, based in Linden, NJ will convert organic waste into pipeline-quality RNG that can be used for a variety of applications to displace fossil fuels.
Decarbonizing With Renewable Natural Gas: KPMG
Renewable natural gas (RNG) is increasingly gaining recognition as a promising renewable fuel — especially in the hard-to-abate use cases — given its unique environmental properties. Learn how KPMG can help organizations analyze the economic and sustainability impact of RNG investments in our recent thought leadership.
British Columbia Revamps Low Carbon Fuel Regs, Requires SAF
The government of British Columbia on December 11 released regulations for its revamped low carbon fuels program, becoming the first jurisdiction in North America to require the use of sustainable aviation fuels (SAF).
British Columbia in 2008 first passed legislation to establish a Low Carbon Fuel Standard. The LCFS was implemented in 2013. The government of British Columbia in 2022 passed a new Low Carbon Fuels Act, along with amendments in 2023, to replace the 2008 legislation. The province on December 11 published rules for the new Low Carbon Fuels Regulation, which is set to become effective on January 1, 2024.
Green Impact Partners Achieves Major Milestone: Future Energy Park Receives Final Regulatory Approval To Construct and Operate the Facility
Green Impact Partners announced it has received its Environmental Protection and Enhancement Act approval from the Government of Alberta's Ministry of Environment and Protected Areas for the construction and operation of the Future Energy Park — an estimated $1.2 billion renewable biofuels facility to be located along the eastern edge of the City of Calgary.
Once operational, the facility's estimated annual production is over 3.5 million MMBtu of renewable natural gas, over 300 million liter of cellulosic equivalent ethanol, and approximately 350,000 tonnes of high-quality wet distillers' grain.
Wartsila To Extend Existing Biogas Plant
Wartsila will supply, install, commission, and start up the biogas upgrading and liquefaction units for a Swedish bioLNG plant. The new plant is an extension of an existing biomethane and bioLNG plant supplied earlier by Wärtsilä and will bring the production of bioLNG from 20 to 45 tons per day.
The plant, located in Linkoping, is owned by Tekniska Verken, a municipality-owned company. It produces biomethane from organic waste, including food waste, and from the municipality’s wastewater treatment residue. The bioLNG is used as fuel for the transport sector and industry in Sweden.
Renewable Natural Gas: A Neglected Source of Clean Energy?
From rural Uganda to Madison, Wisconsin, renewable natural gas (RNG) is an important source of clean energy that also has other major environmental benefits.
What is RNG? It’s a gas derived from organic waste material such as livestock manure, food waste, garden and lawn clippings and other animal and plant-based material. It is often concentrated on farms, in landfills and in waste treatment facilities.
Waga, GFL Environmental Part of Quebec Landfill Gas-to-Energy Effort
Waga Energy, a France-based provider of renewable natural gas (RNG) from landfill gas technology, says its joint effort with Matrec-GFL, a division of Canada-based GFL Environmental, has resulted in the commissioning of an RNG production unit at a closed landfill in Chicoutimi, Quebec.
According to Waga, the RNG will be injected into the energy grid operated by Quebec-based Energir grid and will contribute to reaching the decarbonization objectives of the Quebec government.
20% Increase in Biomethane Production in Europe, Shows Biogases Industry Report
Biomethane production in Europe grew by almost 20% in 2022 compared to the previous year, according to data from the new edition of the EBA Statistical Report launched today. Meanwhile, the EU dependency on natural gas imports went from 83% in 2021 to 97% in 2022.
“With gas import dependency on the rise together with the pressing climate emergencies, sustainable biogases production in Europe is of strategic importance: each Euro invested in biogases will remain in the European economy and provide an additional value of 50% before 2030 that will also stay within our economy," says Harmen Dekker, EBA’s CEO.