RNG contributed $7.2B to US GDP in 2024: Report

December 15, 2024 |

In California, the Coalition for Renewable Natural Gas announced the findings of its 2024 Renewable Natural Gas Economic Impact Analysis, underscoring the renewable natural gas (RNG) industry’s remarkable contributions to the U.S. economy.

The 2024 Economic Impact Analysis, prepared by Guidehouse, highlights the broad benefits of RNG across the energy, environmental, and economic sectors. Released in conjunction with RNG Coalition’s annual RNG CONFERENCE event in Dana Point, California, the report reinforces RNG’s potential to scale up as a clean, flexible energy source that supports the nation’s alternative energy ambitions while generating tangible value for households, businesses, and municipalities.

Key highlights from the report include:

•55,664 Jobs Supported: The RNG industry directly and indirectly sustained over 55,000 jobs in 2024, creating meaningful employment opportunities in diverse communities nationwide.

•$7.2 Billion in GDP Contributions: RNG facilities and operations generated $7.2 billion in Gross Domestic Product (GDP), reinforcing the industry’s role in advancing sustainable economic growth.

•$13.8 Billion in Economic Output: From facility construction to ongoing operations, RNG projects contributed nearly $14 billion in total economic activity, benefiting supply chains and local economies alike.

•Rapid Facility Growth: As of 2024, more than 400 RNG facilities were operational, with an additional 130 under construction and 233 planned. Together, these planned projects represent a 60% potential increase in production capacity.

•Middle-Income Job Accessibility: Approximately 75% of RNG industry jobs are accessible to individuals without a college degree, with an average annual wage of $66,890.

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Category: Fuels

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