RNG NEWS
Committee Extends Runway for 45Z Credit
The House Ways and Means Committee advanced a bundle of the president's top tax priorities Wednesday morning, including an extension of the clean fuel production credit and other tax code updates that could positively impact farm families.
The tax package portion of Republicans' reconciliation legislation will be combined by the House Budget Committee with reconciliation bills from other committees. The Budget Committee was expected to hold a hearing on May 16, with the full megabill moving to the House floor around Memorial Day.
Archaea Energy and Rumpke Bring Online State-of-the-Art Renewable Natural Gas Plant in Waverly
Tuesday and Wednesday, bp’s Archaea Energy (NYSE: BP) celebrated the startup of two new renewable natural gas (RNG) plants, built using Archaea’s Modular Design (AMD) technology, in Wellston and Waverly.
The milestone was marked with a ribbon cutting at each plant. Located approximately 40 minutes apart, the plants are adjacent to the Beech Hollow Landfill and Pike Sanitation Landfill, both owned by Rumpke Waste and Recycling.
Aemetis Biogas Signs $27 Million Agreement with Centuri to Build Gas Cleanup Systems for 15 Dairy Digesters
Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity renewable fuels, announced today that its Aemetis Biogas subsidiary has signed a $27 million equipment agreement with Centuri Holdings, Inc. (NYSE: CTRI), a $2.6 billion infrastructure services contractor, to build biogas cleanup systems for 15 dairy digesters.
This signed agreement, and expected future agreements with Centuri, will enable Aemetis Biogas to rapidly scale up the construction of dairy digesters to produce renewable natural gas (RNG) for a total of 50 dairies that have already been signed by Aemetis Biogas. This summer, 16 dairies are scheduled to be operating in the Aemetis Biogas Central Digester Project near Modesto, California, with 36 miles of biogas pipeline and a central biogas-to-RNG production facility already in operation delivering RNG into the PG&E utility gas pipeline.
Biogas Emerging as a Key to Denmark’s Sustainable Future
The world is seeking ways to reduce CO2 emissions and achieve climate targets. While the European Union has established a goal to be climate neutral by 2050, Denmark’s government has gone a step further. In 2019, Denmark announced its target to reduce carbon emissions by 70 percent from 1990 levels by 2030, and to be fully aligned with the EU’s goal by 2050.
A key element in achieving these ambitions can be the emergence of upgraded biogas as a viable alternative to fossil fuels. The upgrading process is crucial for enhancing the efficiency and utilisation of biogas as a renewable energy source, and today the market is booming. Gas Solutions’s capabilities in designing and delivering biogas upgrading solutions have made it a leader in this field.
Which Industry Knowns Are Driving RNG Tailwinds and Future Outlook
Renewable natural gas (RNG) projects are coming online at a fast clip, with a rise in waste management operators and developers powering the tailwinds. This industry trend continues, despite regulatory and market uncertainties.
Despite the flurry of activity, what’s produced today and what’s in the pipeline is just a sliver of a fraction of the potential for RNG, say industry groups like the American Biogas Council and The RNG Coalition.
Australia Agrees First Biomethane Feed into Natural Gas Network
It’s been a big month in Australia’s biomethane sector with the Australian Gas Infrastructure Group (AGIG) signing an agreement to connect the first biomethane project into its South Australian gas networks.
Under the agreement with local bioenergy business Delorean Corporation, up to 210 terajoules of biomethane generated from commercial and industrial organic waste will be injected into the existing gas network each year. Delorean also plans to sell the biomethane to industrial users.
American Power Group Reports 25 Million Cumulative Run Hour Milestone For Its Dual Fuel Stationary/Off-Road Primary Power and Critical Care Emergency Back-Up Power Applications
American Power Group Corporation the leading U.S. based dual fuel diesel engine conversion technology company today announced the company's stationary/off-road dual fuel installation base has reached an estimated 25 million cumulative run hour milestone.
Cowboy Clean Fuels Partners with Mercuria for 10-Yr RNG Offtake
Cowboy Clean Fuels (CCF) has entered a ten-year offtake agreement with commodity trader Mercuria for the sale of renewable natural gas (RNG), according to a press release.
The agreement covers an initial ten-year time frame in which Mercuria will purchase 5 million MMBtu equivalent of environmental attributes generated at CCF's Triangle Unit Project in Wyoming and distribute them to its global customer base.
Montauk Renewables Outlines 2025 RNG Revenue Targets amid EPA Regulatory Impacts
CEO Sean McClain highlighted that the Environmental Protection Agency's (EPA) delay of the 2024 Renewable Fuel Standard (RFS) compliance deadline has affected the renewable natural gas (RNG) industry. However, Montauk has zero exposure to the 2024 compliance waiver due to prior sales of all 2024 D3 RINs.
The company has committed to transferring most of its RINs inventory from 2025 RNG production at prices approximating the D3 RIN Index.
Clean Energy Fuels Expects Better RNG Demand After Tariff and 45Z Clarity
Clean Energy Fuels expects demand for renewable natural gas from trucking companies in the US to pick up once there is more clarity on the Trump administration's tariffs as well as its market policies, CEO Andrew Littlefair said on the company's Q1 earnings call.
The RNG producer has seen Q1 sales dip and pointed to colder weather at the start of the year, which resulted in reduced supply while the market still awaits clarity on Trump's tariff war and further guidance on the 45Z Clean Fuel Production Credit, with no updates published since January.