Gas2wire can be deployed in situations were other options are simply not viable, helping to achieve the World Bank and the United Nation’s Zero Routine Flaring by 2030* initiative. Our intent is to deploy Gas2Wire, cut these waste volumes and provide cleaner electricity for local communities. Put into context, if the annual global flare volume of 5TCF could be converted to power using Gas2Wire turbines, there would be sufficient electricity to power South Korea, Germany or Brazil, or almost enough for both the UK and Italy combined, based on 2018 data (68GWe ≈ 600TWh).
* – The Zero Routine Flaring by 2030 initiative was launched by the World Bank and the United Nations in 2015. So far, 36 oil companies, 32 governments (including Russia, Iraq and the US) and 15 development institutions have endorsed the initiative. More details can be found here. For new fields, operators should aim to develop plans that use or conserve all of the field’s associated gas without routine flaring. At existing oil fields, operators are asked to eliminate routine flaring when it is economically viable to do so as soon as possible, and no later than 2030.