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Gas Pathways

Canadian energy infrastructure company TC Energy said October 17 it had made its first foray into renewable natural gas (RNG) with a C$29.3mn (US$21.2mn) investment into an RNG facility at the iconic Jack Daniels Distillery in Lynchburg, Tennessee.

Owned by Lynchburg Renewable Fuels, the facility will produce RNG with a carbon intensity score 50% lower than traditional natural gas, preventing about 16,000 mt/yr of CO2 emissions. The project is being developed by 3 Rivers Energy Partners, which is also an owner in Lynchburg Renewable Fuels, and is expected to be operational in 2024.

Feedstock is a byproduct of the Jack Daniels distilling process, broken down to generate methane gases. A biogas upgrade plant will remove contaminants to produce pipeline-quality RNG that will be directly connected to a local natural gas utility. Liquid fertiliser will also be produced for local agricultural markets.

Reuters

BP (BP.L) will buy U.S.-based renewable natural gas (RNG) producer Archaea Energy Inc (LFG.N) for about $4.1 billion, the companies said on Monday, as the British energy major seeks to expand its alternative fuels business.

The deal will be the largest ever RNG acquisition, topping Chevron Corp’s (CVX.N) $3.15 billion buyout of biodiesel maker Renewable Energy Group Inc earlier this year.

McKinsey Research

Clean hydrogen and related technologies can play a key role in decarbonizing many sectors, including medium- and heavy-duty transportation; industries such as ammonia and steel; heating applications; and power generation, including enabling long duration energy storage.

by RMI

The past few years have seen much ado about ESG — shorthand for “environmental, social, and governance,” a trio of non-financial factors that have become priorities for the public, investors, and regulators. But as ESG has begun to shift from a talking point to a regulatory mandate, consensus has given way to controversy, polarizing debate over its very definition, reliability, and benefit.

By Energy News Network

Seventeen years after its founding, the nation’s first cap-and-trade system for greenhouse gases has become a flashpoint across the eastern United States, with lawmakers in two states vowing to exit the program and environmental advocates calling to reform it.

RISE Energy Services

After several start/stops with its Build Back Better legislation in 2021, Congress is once again trying to enact a spending bill that will spur investment in America’s energy transition. While the spending package is far from final, RISE is here to provide the essential information on how the energy portions of the proposed law will impact your business.

Archaea

Archaea Energy Inc. (“Archaea”) (NYSE: LFG), an industry leading renewable natural gas (“RNG”) company, announced today that its wholly-owned subsidiary Archaea Energy Marketing LLC has entered into a medium-term RNG purchase and sale agreement with UGI Utilities, Inc. (“UGI Utilities”), a Pennsylvania-based natural gas and electric utility and wholly-owned subsidiary of UGI Corporation (NYSE: UGI). UGI Corporation is a distributor and marketer of energy products and services, including natural gas, liquified petroleum gas, electricity and renewable energy solutions.

Reuters

Efforts to reach carbon neutrality by 2050 are likely to remain out of reach as copper supply fails to match demand amid growing use of solar panels, electric vehicles and other renewable technologies, data from S&P Global showed on Thursday.

Utility Dive

The Environmental Protection Agency cannot set fleet-wide greenhouse gas emissions limits for existing power plants under the Clean Air Act’s Section 111(d), the Supreme Court ruled Thursday.

MSCI

The latest quarterly Net-Zero Tracker published by MSCI, a leading provider of critical decision support tools and services for the global investment community, reinforces the urgent action required from the world’s listed companies to meet the 1.5°C target set by the Paris Agreement. All listed companies must each reduce their total carbon intensity by 8-10% every year until 2050 if the 1.5°C target is to be met. Only 39% of companies reduced emission intensity by that amount between 2019 and 2020.