RNG NEWS
FortisBC First Energy Utility in North America To Automatically Designate Renewable Natural Gas for Customers
With recent approval from the British Columbia Utilities Commission, as of July 1, 2024, FortisBC Energy Inc. (FortisBC) gas customers will have one per cent of their gas automatically designated as Renewable Natural Gas (RNG). FortisBC is the first energy utility in North America to automatically designate RNG for customers.
"It is clear that our province needs all available tools to address climate change and support an affordable energy transition towards lower emissions for residents, businesses and industry," said Doug Slater, vice-president of Indigenous relations and regulatory affairs at FortisBC. "The gas system is undergoing a transition as we work to increase the supply of renewable and low-carbon gases, like RNG, to lower emissions and this new RNG blend offering will help us do that."
Green Impact Partners Closes Investment Tax Credit Sale for GreenGas Colorado LLC for Gross Proceeds of $28.9 Million
Green Impact Partners is pleased to announce the Company has closed the Purchase and Sale Agreement for the Investment Tax Credits for GreenGas Colorado for total sales proceeds of CAD$28.9 million (US$21.1 million). GIP has received CAD$17.4 million in net cash proceeds, following the replenishment of the debt service reserve account for the Colorado JV. With completion of this transaction, GIP's remaining net capital investment for its 50% interest in the Colorado JV is CAD$6.7 million.
"These proceeds enable us to advance our flagship project, the Future Energy Park, towards financial close, continue investing in our development portfolio, and provide working capital funding for the Colorado JV as we progress the certification process with the California Air Resource Board," said Jesse Douglas, Chief Executive Officer.
Chesapeake Utilities Launches RNG Production at Full Circle Dairy
Chesapeake Utilities Corporation has successfully commenced the first renewable natural gas (RNG) injections from its groundbreaking facility at Full Circle Dairy in Madison County, Florida. This initiative is managed by FPU Renewables and parent company Florida Public Utilities Company, both subsidiaries of Chesapeake Utilities.
The initiation of RNG injections marks the operational phase of the Company’s inaugural RNG development project. This project saw the construction and operationalization of a dairy manure-to-biogas RNG facility, which began injecting its first RNG earlier this month at the Radio Avenue site in Yulee, Florida. The facility’s first month saw approximately 4,700 dekatherms of RNG captured and transported for injection by Marlin Gas Services, another Chesapeake subsidiary.
Op-Ed: New York State’s Missed Climate Solution is a Clean Fuel Standard
New Yorkers are all too familiar with the costs of air and climate pollution. As one of the busiest transit hubs in the world, our state sees over 2,000 premature deaths annually due to air pollution from vehicles alone.
Aemetis Biogas Reaches Milestone of Operating Dairy Digesters Producing More Than 300,000 MMBtu Per Year of Renewable Natural Gas
Aemetis, a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced that its Aemetis Biogas subsidiary completed a key milestone of constructing and operating dairy digesters with a capacity to produce more than 300,000 MMBtu of renewable natural gas (RNG) per year. Additionally, the planned construction of new digesters is expected to increase the annual RNG production rate to over 800,000 MMBtu by the third quarter of 2025, more than a 150% increase from the current production rate.
Our commercial revenue generation from selling RNG for transportation began in January 2023, and we have already grown to a production rate of more than 300,000 MMBtu per year, which generates revenues of about $13 million per year in todays markets prior to receiving LCFS Provisional pathway approvals, prior to expected increased revenue from expanded LCFS credit mandates in November of this year, and prior to transferable 45Z tax credits starting in January 2025, stated Eric McAfee, Chairman and CEO of Aemetis, Inc. We have already closed $50 million of 20-year USDA guaranteed funding for the biogas project and achieved positive cash flow from biogas operations, and we are working to close an additional $75 million of USDA-guaranteed construction funding this year.
Clean Energy Opens Renewable Natural Gas Station Near Philadelphia
Clean Energy Fuels announced the opening of a new renewable natural gas (RNG) station in Carney’s Point, New Jersey for heavy-duty trucks and other fleet vehicles to access a fuel produced from organic waste and is rated the cleanest available.
The new station is strategically located in the important trucking corridor between Philadelphia and Wilmington, DE near Interstate 295 and the New Jersey Turnpike and is now part of Clean Energy’s fueling network of over 600 stations in North America.
Energy Global Spotlight with Viridi Energy
Jessica Casey, Editor of Energy Global, sits down with Chet Benham, President & COO of Viridi Energy, to look into Viridi’s business, including its focus on renewable natural gas and the role this can play in the energy transition.
€25 Billion in Private Investments Secured for the Growth of the Biomethane Sector in Europe by 2030
The European biomethane sector will receive an injection of €25 billion in private investments by 2030, according to a European Biogas Association (EBA) analysis released today. This represents a 30% increase compared to last year estimates. The 2nd edition of the Biomethane Investments Outlook forecasts €2.1 extra billion investments in the pipeline, but yet to be allocated.
The projected investments by 2030 will result in the installation of 950 new biomethane plants across Europe, alongside the 1,300 facilities already operational. This will add 6.3 billion cubic meters (bcm) of biomethane capacity annually to the continent, which could contribute to avoiding nearly 29 million tons of CO2 emissions each year, providing renewable energy to 5 million European households year-round, and producing 830 thousand tons of fertilizer annually.
Wisconsin Senator Baldwin Announces Grants for WI Farmers, Small Business Owners
U.S. Senator Tammy Baldwin (D-WI) has announced over a dozen Wisconsin farmers and rural small business owners will receive more than $2 million in grants to make energy efficiency improvements, cut costs, and strengthen the resiliency of their operations.
“Wisconsin farmers and small businesses are the backbone of our rural communities, and I’m working to help them cut costs, innovate, and grow for the future,” said Senator Baldwin. “I am proud to bring home this funding that will help Made in Wisconsin businesses reduce their energy costs, create jobs, and improve the efficiency of their operations for years to come.”
Municipalities Adopt Cleaner Solutions Inking Agreements with Clean Energy
Clean Energy Fuels has announced a series of new deals with several municipalities across the country. These agreements represent a collective growing demand within city agencies for more sustainable, low-carbon solutions for their operations.
“What we are now observing is that municipalities which are eager to meet their environmental and fiscal goals can do this with renewable natural gas (RNG) easily, immediately and cost-effectively. Many cities are now making clean fuel a requirement for their transportation needs because of local, state and federal requirements to reduce emissions. RNG is the best solution to meet those needs,” said Chad Lindholm, senior vice president at Clean Energy.