Renewable propane is scaling up, but how far can we take it?
Interchange Recharged
Wood Mackenzie
4.8 • 535 Ratings
🗓️ 30 July 2024
⏱️ 40 minutes
🧾️ Download transcript
Summary
Over 50 million homes in the US use propane. Within a few years, anywhere from 100-300 million gallons of renewable propane are expected to be available for homes and the transport industry. By 2050, renewable propane could meet half the world’s demand for non-chemical propane.
So, the demand is there, but are the means of production? Where is the feedstock coming from and how scalable are production methods? To answer this, we are joined by Mike Stivala, President and CEO of Suburban Propane Partners, a nationwide distributor of propane and renewable propane.
The benefits of renewable propane are clear: reliability, portability and power, but with four times less carbon intensity than its regular counterpart.
How is Suburban Propane Partners tackling the issues of supply chain? Where does Mike see the future of the sector and where is the investment coming from? Listen to find out.
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Transcript
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| 0:00.0 | Wood McKenzie's Solar Energy and Storage Summit is back in Denver on the 29th and 30th of April, |
| 0:06.2 | 2026. It's co-located with the brand new North American Power and Renewables Forum, |
| 0:11.9 | which features senior speakers from across the U.S. power sector. Come and join over 450 senior |
| 0:18.2 | leaders from U.S. power developers, utilities, and independent power producers |
| 0:23.3 | to tackle the industry's biggest challenges. From navigating life after tax credits to capturing |
| 0:29.7 | the load growth boom, discover how the energy mix is evolving and how the U.S. is going to meet |
| 0:34.9 | that power demand. Seats are limited, so register now at woodmack.com. |
| 0:41.0 | Propane. |
| 0:41.9 | It's used in 50 million American homes |
| 0:43.8 | and accounts for 7.5% of the total energy consumed for heating. |
| 0:48.2 | So how do we make it sustainably? |
| 0:50.2 | This is the interchange recharged. |
| 0:52.6 | A Wood McKenzie production. I'm David Banmiller. |
| 0:59.8 | Renewable propane has a carbon intensity four times lower than that of its conventional |
| 1:04.1 | counterpart. It's not difficult to make. The hard part is scaling up production and securing feedstock. |
| 1:10.5 | Suburban propane is one company finding solutions to these challenges. |
| 1:14.4 | Mike Stavala is the president and CEO of suburban propane partners, |
| 1:18.5 | a nationwide distributor of propane and renewable propane. |
| 1:21.9 | He joins me now to discuss the road to scalable renewable propane production |
| 1:25.6 | and where he sees the future of RNG in the U.S. |
| 1:32.7 | Mike, thanks for joining us. |
| 1:34.0 | Thanks for having me, David. Good to see you. |
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