CHZero Emissions Ltd. (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
CHZero Emissions Ltd. provides innovative Zero-Flare pipeline and vessel cross-compression services to the Oil & Gas utility, production, midstream, and transportation sectors. CHZero crews arrive on site, execute the job, and follow up with a report of the emissions mitigated compared to conventional blowdown practices. Cross-compression is becoming more widespread, resulting from development of new, efficient and cost-effective ways to capture 100% of gas that would otherwise be released to the atmosphere. The IEA reports flaring of 143 billion cubic metres of natural gas in 2021, equivalent to the amount of gas imports into Germany, France and the Netherlands combined. The market value of the flared gas is as much as $55 billion per year. North America loses 327 Petajoules of gas to venting and flaring annually, enough for the energy needs of 3.6 million Canadian households. Unquestionably, reducing waste of natural gas is important for the global economy and environmental sustainability alike!

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