Project Development

Verdeo builds, owns and operates energy and carbon projects, with a particular focus on those that convert waste and process gas into clean energy, other sustainable natural products and environmental credits. Verdeo aims to co-finance projects with our partners, aligning incentives and drawing on the strengths of both parties to generate maximum value while reducing GHG compliance risk.

Sample Project Types:

Mining

* Coal Mine Methane to Power—As deregulation takes effect in a number of states in the US, the generation of electricity from CMM is becoming a new opportunity for coal mines to realize cost savings by using their own gas reserves. The technology of choice for variant quality CMM gas is the reciprocating gas engine, which offers the right combination of electrical efficiency, modularity, and cost effectiveness. Verdeo is working with a number of its partners to evaluate the feasibility of generating baseload energy from their CMM gas reserves as a hedge on long term electricity pricing volatility.

*Ventilation Air Methane Abatement—Ventilation Air Methane (VAM) is low concentration methane that is released from underground mines through a centralized ventilation system. Given the low concentrations of methane

* Gob Gas Incineration—Many underground longwall mines in the US and Mexico vent methane from gob wells for safety reasons. Using Verdeo’s patent-pending MDU system, underground mines can dramatically reduce these gob gas emissions by incinerating the methane that otherwise would have been vented to the atmosphere. These projects generally reduce emissions by 99% and generate ~ 100,000 carbon credits per year.

* Coal Mine Methane Pipeline Injection—In some cases, mines can drill in-mine and vertical wells for pre-mining and post-mining degasification purposes. This gas can be collected and conditioned using a number of technologies, such as cryogenic and membrane gas upgrading equipment, and injected into a nearby pipeline. These projects generate not only pipeline grade natural gas, but also carbon credits.

* Fleet Fuel Switching—Verdeo works with a technology partner that converts diesel-powered equipment (trucks, loaders, etc.) to run on natural gas. The technology offers mines the opportunity to reduce diesel fuel costs and fleet emissions. For those gassy underground and surface mines, there is the potential for the mine to utilize its methane gas reserves through pre-mining degasification, collection, and LNG upgrading.

Municipal Solid Waste

* Landfill Gas—Verdeo works with landfill owners and municipalities to design, finance and implement projects to capture and utilize landfill gas. We utilize innovative financing structures that take advantage of the latest financial incentives to maximize value for our partners.

* Composting—Where landfilling can be avoided, Verdeo works with partners to finance and implement innovative projects to generate compost and other valuable products from urban, industrial and agricultural waste streams. Our team of experts evaluates all viable alternatives and implements projects that maximize value and minimize risk for our partners.

Oil & Gas

There are dozens of emission reduction project types in the oil & gas sector. We list two examples below, however other project types include leak detection & maintenance, blowdown reduction or re-routing, solar power chemical pumps, or wet seal replacement on centrifugal compressors, to name a few.

* Low Bleed Pneumatic Controllers—Pneumatic controllers are installed throughout natural gas operations and bleed gas by design. Retrofitting high bleed controllers with low bleed controllers can dramatically reduce fugitive emissions across operations. Verdeo has successfully installed low-bleed pneumatic controllers throughout operations at several natural gas companies. These retrofit projects generally reduce emissions by 60-70% and generate 75,000-100,000 carbon credits per year. Additional information on one such project can be found here.

* Low Emissions Rod Packing—Low emissions rod packing can be installed in reciprocating compressors in the natural gas industry to reduce fugitive emissions. Verdeo works with natural gas companies to identify opportunities where the installation of low emissions rod packing will create gas savings and, in some cases, generate carbon credits.