Published by Todd Bush on February 2, 2024
Resulting emissions reductions are estimated to be equivalent to the carbon sequestered by over 12,000 acres of U.S. forest for one year
ATLANTA, Feb. 1, 2024 /PRNewswire/ -- Two Southern Company Gas subsidiaries, Virginia Natural Gas and Chattanooga Gas, have entered into their first renewable natural gas agreement, which will increase access to clean, safe, reliable and affordable fuel. The emissions reductions from this transaction are estimated to be equivalent to the carbon sequestered by over 12,000 acres of U.S. forest or an area the size of Manhattan.
>> In Other News: CalPortland Decarbonization Research Project Selected for U.S. Department of Energy Award
The deal involves acquiring environmental credits from facilities in Nebraska and Indiana.
"We are privileged to provide over 4 million people in four states with fuel that is clean, safe, reliable and affordable," said Southern Company Gas Executive Vice President of External Affairs and Chief External and Public Affairs Officer Bryan Batson. "Incorporating RNG into our fuel supply not only meets our customers' expectations that we deliver sustainable solutions, but it's also one of several tools we're deploying in support of our goal to reach net zero operational emissions by 2050."
RNG is a sustainable fuel produced from naturally occurring methane emitted primarily from landfill, agricultural, wastewater and food waste sites. Capturing this biogas at the source before it is emitted into the atmosphere reduces greenhouse gas emissions. RNG is a sustainable and reliable energy source that is compatible with existing infrastructure and appliances. Depending on the source, it can be carbon neutral or carbon negative.
This transaction is made possible by the passage of supportive policies in both Virginia and Tennessee. Virginia's Energy Innovation Act and Sustainable Gas Program allows and encourages the production and delivery of RNG. The Tennessee Natural Gas Innovation Act permits natural gas utilities to pursue cleaner energy options and for incremental innovative natural gas costs to be reflected in the utilities' purchased gas adjustment.
This deal is aligned with Southern Company Gas' decarbonization efforts across the natural gas value chain. Chattanooga Gas announced last August that 100% of the natural gas supply for its residential and small business customers is "Next Generation Natural Gas," which is fuel that is procured, transported or delivered by companies that are reducing their methane emissions. Virginia Natural Gas, which first began use of Next Generation Natural Gas in 2019, continues to engage more and more suppliers to deliver cleaner fuel to customers, as well.
>> In Company Spotlight: Southern Company
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier energy company. Southern Company Gas serves approximately 4.4 million natural gas utility customers through its regulated distribution companies in four states and more than 600,000 retail customers through its companies that market natural gas. Other nonutility businesses include investments in interstate pipelines, asset management for natural gas wholesale customers and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.
SOURCE Southern Company Gas
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌬️ Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award 🗾 Fujifilm, Tokyo Gas and TGES Agree to Supply City Gas Linked to Biomethane Produ...
Inside This Issue ⚡ FuelCell Energy and Fit Energy Announce Strategic Agreement for Up to 380 MW of Clean Power for Data Centers 🧭 China's Renewable Energy Mandates Set the Stage for Expanded Hydr...
Inside This Issue 🚢 Fortescue and CMB.TECH Sign Milestone Agreement for 12 Ammonia Bulkers to Accelerate Zero-Emissions Shipping 🌱 Mati Carbon Hits New Bar for Carbon Removal Certification With Is...
Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award
Aircapture will use the award to scale its DAC system engineered to reduce the cost of carbon capture at scale BERKELEY, Calif., June 25, 2026 /PRNewswire -- Aircapture, a Berkeley-based direct ai...
Groundwork BioAg Issues First Verified Carbon Credits Under Rootella Carbon® Program
Milestone issuance of high-durability soil carbon credits, the first to be issued under Verra VM0042 standard in the US, delivers highly-scalable carbon removal at a fraction of durable CDR costs. ...
HOPA Ports and the Mississaugas of the Credit Business Corporation (“MCBC”), the entity representing the business development interests of the Mississaugas of the Credit First Nation (“MCFN”), have...
Deep Sky Corporation today announced a strategic investment from Sumitomo Mitsui Banking Corporation (SMBC), supporting the advancement of Japan's carbon dioxide removal (CDR) and direct air captur...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.