REM Technology’s innovative SlipStream™ technology, installed at Petro-Canada’s Medicine Hat Booster Station, has helped reduce fuel gas usage and decrease GHG emissions. This technology will help upstream oil and gas producers meet GHG emission reduction requirements while paying for itself in less than a year. Working with industry partner Petro-Canada, REM successfully demonstrated its new, patent-pending technology, branded SlipStream™, which captures hydrocarbons otherwise vented to the atmosphere, and uses them as a supplementary fuel source in compressor station engines. SlipStream™ technology is capable of displacing as much as 50% of the main engine’s fuel with fugitive emissions, but can be easily scaled down to 10% if the emissions are small. Capturing fugitive emissions made good business sense to Petro-Canada. During the trial, SlipStream™ demonstrated a 10-12% fuel gas reduction; which translates into projected annual savings of approximately $33,000/year in fuel costs. Further, by reducing vented methane gas, SlipStream™ technology will reduce GHG emissions by greater than 2,560 tonnes/year. REM is presently using data collected from the demonstration to apply for a carbon offset protocol with Alberta Environment and, when approved, could save Petro-Canada an additional $38,000/year in carbon tax. Click here to read the full article.
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