Opal Fuels Inc., a leading renewable natural gas (RNG) producer and distributor, has clinched a 50/50 joint venture (JV) with South Jersey Industries (SJI) to develop, construct and operate facilities, with the first one using landfill waste from the Atlantic County Utilities Authority in Egg Harbor Township, NJ. The Atlantic RNG facility is expected to…
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RNG Producers Optimistic About Growth with Revised Biofuel Rules
Some North American renewable natural gas (RNG) operators are expecting a more favorable market for selling environmental credits after federal biofuel volume requirements were updated. Three of the largest domestic RNG operators said in their second quarter results that revamped rules issued in June by the U.S. Environmental Protection Agency (EPA) may help them improve…
Opal Riding Wave of RNG Growth Driven by Supply Mandates, Policy Credits
Opal Fuels Inc., a producer and distributor of renewable natural gas (RNG), saw revenue from RNG sales skyrocket in 2022, jumping more than 40% over 2021 figures, management noted during the company’s fourth quarter and full year earnings call. The White Plains, NY-based company pushed RNG fuel production up to 2.2 million MMBtu in 2022,…