Ameresco Begins Operations of 5.2 MWe Renewable Natural Gas Plant at Republic Services’ Brickyard Landfill
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Insights
An analysis from an environmental economist perspective underscores the economic implications of Ameresco's new landfill gas to renewable natural gas (RNG) plant. The plant's ability to reduce carbon emissions significantly aligns with global efforts to mitigate climate change, which can have profound economic benefits. By displacing diesel fuel, the facility contributes to the reduction of external costs associated with pollution, such as healthcare costs and environmental degradation. Moreover, the facility's potential to displace traditional fuel sources may influence the energy market by increasing the supply of RNG and potentially lowering the price relative to fossil fuels. This could lead to a shift in energy consumption patterns and foster investment in similar renewable projects, stimulating green job creation and economic growth in the sector.
A sustainability analyst would focus on the long-term environmental and social impacts of the Brickyard RNG facility. Capturing landfill gas to produce RNG represents an innovative approach to waste management and energy production, which is key to achieving circular economy goals. The project's alignment with Republic Services' 2030 sustainability objective to reuse more biogas demonstrates a strategic commitment to sustainable practices, which may enhance the company's reputation and stakeholder trust. This initiative also sets a precedent for corporate responsibility in the waste management industry, potentially influencing competitors to adopt similar technologies and strategies, thereby amplifying the environmental benefits on a larger scale.
From an energy sector analyst perspective, the operationalization of the Brickyard RNG facility by Ameresco is a notable development within the renewable energy landscape. The plant's gross nameplate capacity of over 500,000 Dekatherms per year positions it as a significant producer of RNG. The energy sector may witness increased investor interest in such renewable projects as they prove their viability and profitability. The long-term partnership between Ameresco and Republic Services, with more projects in the pipeline, suggests a strong growth trajectory for RNG initiatives, which could impact stock valuations for companies involved in the renewable energy market. It is essential to monitor the performance metrics of this facility, as they could serve as benchmarks for future projects and influence investment decisions in the sector.
Facility is designed to reduce over 27,000 tons of carbon dioxide emissions per year otherwise produced by diesel-burning vehicles.
The Brickyard RNG facility captures naturally occurring landfill gas and transforms it into pipeline-grade RNG, a low-carbon transportation fuel. The RNG that is expected to be produced by this facility would reduce over 27,000 tons of carbon dioxide emissions annually if used to displace diesel vehicle fuel, which is equivalent to the carbon sequestered by planting nearly 326,000 acres of forests. This translates to cleaner air, improved public health and a positive impact in the fight against climate change. By capturing and utilizing landfill gas, the Brickyard facility generates renewable energy displacing fossil fuels used in vehicles like gas powered cars and trucks. This not only reduces the country’s reliance on finite resources like oil and gas, but also contributes to the circular economy by extracting value from waste and transforming it into a clean energy source. This process reduces greenhouse gas emissions while contributing to a more sustainable future.
“At Republic Services, we're committed to supporting decarbonization, and our partnership with Ameresco has helped us accelerate progress toward our 2030 sustainability goals,” said Tim Oudman, Republic Services SVP, Sustainability Innovation. “Through the Brickyard RNG facility, we're able to transform naturally occurring biogas into renewable energy for the local community."
The completion of this project represents a significant step toward a cleaner future, fostering economic growth with tangible reductions in greenhouse gas emissions. The project directly contributes to Republic Services’ long-term sustainability goal to beneficially reuse
"Creating clean energy, reducing harmful emissions and making a tangible impact on the environment towards a carbon-neutral future depends on collaboration,” said Michael Bakas, Executive Vice President of Ameresco. “Through our long-term partnership with Republic Services, we were able to create a dispatchable baseload resource at the Brickyard Landfill. This will turn waste into a reliable source of renewable energy and provide tremendous resiliency to enhance our nation’s security of supply for the years to come."
To learn more about the distributed generation solutions offered by Ameresco, visit www.ameresco.com/renewable-energy/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes solutions that help customers decarbonize to net zero and build energy resiliency while leveraging smart, connected technologies. From implementing energy efficiency and infrastructure upgrades to developing, constructing, and operating distributed energy resources – we are a trusted sustainability partner. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in
About Republic Services
Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit RepublicServices.com.
The announcement of achieving commercial operations for an energy asset is not necessarily indicative of the timing or amount of revenue from the energy asset, of the company’s overall revenue for any particular period or of trends in the company’s overall total assets in development or operation. This project was included in our previously reported assets in development as of September 30, 2023.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240220922991/en/
Media:
Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com
Republic Services Media Relations, 480-757-9770, media@republicservices.com
Source: Ameresco, Inc.
FAQ
How many tons of carbon dioxide emissions does the Brickyard RNG facility reduce annually?
What is the potential of the Brickyard facility in terms of processing raw landfill gas?
What is the nameplate capacity of the Brickyard facility in terms of Dekatherms per year?
How does the Brickyard RNG facility contribute to reducing greenhouse gas emissions?
What is the significance of Ameresco's partnership with Republic Services?
