(September 20)

New Energy One (NEO), jointly owned by Meridiam, an independent investment Benefit Corporation under French law and an asset manager, and an affiliate of Sevana Bioenergy, a California-based anaerobic digestion project developer, announced today the completed transaction of negative Carbon Intensity (CI) electricity supply from their Idaho-based dairy digester facility for use in electric vehicles in California. The sale is one of the first of its kind and hints at a growing trend of biogas facilities transitioning to electricity to support the decarbonizing California transportation market.

3Degrees, a firm that helps organizations achieve renewable energy and decarbonization goals, worked with NEO to determine the best strategy for maximizing the benefit of the power it generates. Through this joint effort, 3Degrees purchases the power from the NEO facility, wheels it into the California market, and matches it with electric vehicle chargers in order to generate credits under California’s Low Carbon Fuel Standard (LCFS). To enable this, 3Degrees managed the Tier 2 pathway approval process with the California Air Resources Board (CARB), including the modeling and validation process required for NEO’s negative carbon-intensity score.

Read More:https://3degreesinc.com/news/3degrees-new-energy-one-bring-biogas-electricity-to-california-electric-vehicles/