That is the newest installment in Waste Dive’s Biogas Month-to-month sequence. For prior editions, click on right here.
The biogas business saved busy to shut out the top of 2024. The U.S. Treasury launched ultimate credit score steerage for Part 48 Funding Tax Credit, which supplied a tax low cost for tasks that refined biogas into renewable pure fuel and started development final yr.
If previous is prologue, new tax credit score language may proceed to show attractive for mission builders within the coming yr. Congress is slated to go a significant tax bundle for the primary time since 2017, and consultants say the RNG business could advocate to increase or make sure credit like Part 48 everlasting, locking in a extra favorable enterprise atmosphere for brand spanking new tasks.
Aaron Lang, a accomplice at tax agency Foley Hoag who focuses on clear vitality tasks, mentioned applied sciences like photo voltaic and wind that first acquired favorable tax credit years in the past rode these tailwinds to speed up deployment lately. However with out the knowledge of a multiyear credit score, it is arduous for a class like RNG to achieve the identical heights.
“It is all about what degree of certainty within the investor house these tax credit present,” Lang mentioned. “If there may be some kind of legislative extension, I’d anticipate that an increasing number of tasks will pursue this credit score.”
Credit score pricing as of Dec. 20, 2024
D3 RIN costs: $2.289
Up from $2.270 in 2023
D5 RIN costs: $0.565
Up from $0.540 in 2023
$40
Worth per metric ton of carbon dioxide equal in Oregon’s Clear Fuels Program
$75.91
Worth per metric ton of carbon dioxide equal in California’s Low Carbon Gas Normal
Supply: EcoEngineers Carbon Market Snapshot, Dec. 20
Republic Providers, Ameresco launch JV for contemporary mission
Ameresco and Republic Providers introduced the completion of the pair’s 14th landfill-gas-to-RNG mission on Dec. 9. The ability, situated at Republic’s Roxana Landfill in Edwardsville, Illinois, can also be one of many largest amenities of its sort, in line with a launch.
The ability can course of as much as 6,000 commonplace cubic ft per minute of landfill fuel, which was beforehand flared.
That is the primary time Republic and Ameresco have created a three way partnership in an effort to co-invest in an RNG facility. The pair have eight extra tasks in numerous phases of improvement.
Republic has additionally pursued a three way partnership mannequin with Archaea Power, a division of BP, which delivered its first mission final summer time. Republic has a objective to reuse 50% extra of its biogas by 2030.
Recology companions with Waga, G2 Power at two landfills
G2 Power and Waga Power are partnering to develop landfill-gas-to-RNG amenities at two Recology landfills in California, the companions introduced. The tasks will improve present amenities which have used the fuel to provide electrical energy.
Each tasks are anticipated to be working in 2026. The primary, at Recology’s Ostrom Street Landfill, is anticipated to provide 420,000 mmBtus of RNG yearly. The second, at Recology’s Hay Street Landfill, is anticipated to provide 630,000 mmBtus of RNG yearly. The 2 amenities will inject the RNG into the native grid, run by Pacific Gasoline & Electrical.
These would be the first two Waga items in California. The tasks may also contribute to Recology’s objective to make use of 75% of its landfill fuel to provide renewable vitality by 2028, CEO Sal Coniglio mentioned in an announcement.
Waga builds on Pennsylvania portfolio
Waga additionally closed a cope with a public sector accomplice in December. The Southeastern Chester County Refuse Authority in Pennsylvania introduced a 20-year settlement with Waga by which the corporate will finance, construct, personal and function a landfill-gas-to-RNG facility on the SECCRA Group Landfill in West Grove.
The mission, as soon as accomplished in 2026, is anticipated to provide 229,000 mmBtus of RNG yearly which it should inject into the pure fuel grid.
That is Waga’s second mission within the county. It beforehand partnered with the Chester County Stable Waste Authority to construct a website on the Lanchester Landfill and Reclamation Middle, the place it should produce 450,000 mmBtus of RNG yearly. That mission was introduced in 2023 and is at present beneath development.
Clear Power Fuels declares sturdy gross sales quarter
RNG fuels developer Clear Power introduced in a launch that the third quarter was one in all its greatest for RNG gross sales but. The corporate, which builds fueling stations and different RNG infrastructure for purchasers, listed offers with a number of new and returning shoppers.
Amongst them had been a number of waste firms. Noble Environmental inked a deal for a brand new fueling station in Westmoreland County, Pennsylvania. The station is anticipated to energy 50 sanitation vans. MarBorg Industries additionally inked a upkeep cope with Clear Power for a 25-truck fleet in California.
Elsewhere, a number of transit businesses, together with LA Metro in California, Arlington Transit in Virginia and Dallas Space Speedy Transit in Texas all inked RNG fueling offers with Clear Power.
Further clients included DHL, Meals Specific and Estes Specific Traces.
Imaginative and prescient RNG to judge South Carolina landfill for brand spanking new mission
Imaginative and prescient RNG inked a long-term fuel rights settlement with Greenwood County, South Carolina, for its publicly owned landfill. Underneath the settlement, the corporate will consider the landfill to find out the quantity of usable fuel. It would then construct out both an RNG or energy manufacturing mission based mostly on the findings.
Imaginative and prescient RNG will optimize the landfill’s present fuel assortment and management system over the subsequent yr. The settlement may run so long as 25 years, in line with a launch.