RENEWABLE NATURAL GAS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In July 2024, Gevo, Inc., is a renewable energy company announced that its renewable natural gas (RNG) business has achieved record production levels, marking a significant milestone for the company. This accomplishment underscores Gevo's commitment to sustainable energy solutions and its role in the transition to renewable resources.
• In April 2024, Brightmark RNG Holdings, a joint venture between Chevron U.S.A. Inc. and Brightmark Fund Holdings LLC, announced the successful completion of its Eloy Development, marking the launch of renewable natural gas (RNG) production in the U.S. Southwest. This significant milestone underscores Brightmark's commitment to advancing sustainable energy solutions and enhancing the availability of renewable resources in the region.
• In July 2024, Global NRG Advisory, a leading energy consulting firm, announced the launch of its dedicated renewable natural gas (RNG) development platform. This strategic move aims to provide comprehensive support and expertise to clients seeking to develop and invest in RNG projects, further driving the growth of the renewable energy sector.
• In late 2022, Shell Petroleum acquired Nature Energy, a leading producer of RNG in Denmark, indicating the growing interest of major energy companies in expanding their RNG portfolios. Similarly, Green Rock Energy Partners acquired South Hills Landfill Gas Venture, further emphasizing the trend of integrating RNG into broader energy strategies