Energy Ventures B.V.


waste energy meets energy access


Gas flaring - the practice of burning natural gas associated with oil extraction and petroleum refining - has persisted due to a range of issues, from economic and technical constraints to lack of appropriate regulation and political will. Flaring is a monumental waste of a valuable natural resource that not only results in emissions of Green House Gases (GHG) that accelerate climate change, but it also generates other pollutants that affect the health and livelihoods of people living near gas-flaring sites.

 

According to the International Energy Agency, the amount of gas that is currently flared each year across the world – about 144 billion cubic meters, releasing the equivalent of about 400 million tonnes of CO2 – could provide energy for the whole of sub-Saharan Africa, where more than 950 million people lack access to clean energy. Reliance on wood and charcoal for cooking contributes to deforestation, further increase GHG emissions and exposure to severe health risks. Whilst renewable energy is the long-term solution to these challenges, producing cooking gas from gas that otherwise would be flared is a solution that reduces emissions, provides access to energy, improves health and reduces deforestation.

 

The traditional approach to flare gas utilization – collecting associated gas and transporting it through a network of gas pipelines – is heavily dependent on achieving scale. Some progress has been made at sites with large and medium volume gas flares, but in the case of small-scale flares, defined as sites burning less than 5 million standard cubic feet per day (6,000 Nm3 per hour), there is very little progress. Whilst contributing about 40% of the total volume of gas flared globally, small-scale flares make up 92% of the worlds 8,120 sites according to data by Global Gas Flare Reduction (GGFR) initiative of The Worldbank.

Sustainable Development Solution


Energy Ventures’ solution - FlareOut® - is a modular unit in a standard shipping container for the capture and processing of otherwise wasted gas. One of the products is Liquified Petroleum Gas (LPG), also known as cooking gas. When used to displace charcoal or wood for cooking, LPG reduces CO2 emissions, deforestation, and health impact. 

 

We have established a technical corporation with the Faculty of Applied Sciences, TU Delft for the development of advanced separation and distillation technologies to improve the efficiency of FlareOut® and the development of a Multi-Loop Self Refrigeration (MLSR) technology for process gas cooling using part of the feed gas as refrigerant. We have secured LOI for a pilot test site and currently carrying out detailed engineering design to fabricate a FlareOut® pilot unit in The Netherlands.


Projects implementing FlareOut® are eligible for Carbon Credits under the EU Upstream Emission Reduction mechanism.


Energy Ventures BV


Riouwstraat 87,

2585 GX, The Hague,

The Netherlands



KVK-nummer 84168811

Btw-nummer: NL863119554B01