Climate Transformed Ventures (CTV) is a methane infrastructure and origination platform company that leverages government funding and private capital to cap orphaned oil wells across the United States and Canada.

An orphaned oil well has no solvent owner of record, leaving the responsibility of capping in the hands of state and federal governments.

The EPA estimates that there are up to 3.7 million orphaned wells in North America, with the estimated cost to cap them ranging from $200bn- $300bn.

There is only $4.7bn allocated by the US Federal Government under the Infrastructure Investment and Jobs Act (IIJA).

This is the first phase of a multi-decade solution that will require the extensive deployment of private capital

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Climate 2023

We discuss the progress being made in the early stages of the global infrastructure rollout and the EU and US policy framework that is helping to fast-track this. Skeptics about the use of hydrogen often point to a lack of customer demand for hydrogen as a feedstock for fuel as a sign that hydrogen is nothing more than a solution looking for a problem. While advocates are overreaching with the belief that hydrogen is the solution to most of our clean energy requirements, large-scale infrastructure will be required before industries can commercially adopt hydrogen as a replacement for fossil fuels in heat generation. While this is a natural starting point for the industry, offtake agreements, new customers, and therefore profits and cashflow are many years away.

Download the report to read it in full [the green button to your right].

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Nilson energy is the first off-grid & Public Green hydrogen station in the world.
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Claire Behar is the Chief Commercial Officer at Hy Stor Energy, a renewable hydrogen and hydrogen storage company headquartered in Jackson, Mississippi. Mark Selby is the Chief Innovation Officer at Ceres, where he provides leadership for the innovation of technologies beyond the company's portfolio. Zach Steele is the Co-Head of Fusion Fuel, a company that has created a modular integrated solar-to-hydrogen generator. Richard Hulf is the Managing Partner at HydrogenOne, the first London-listed hydrogen fund investing in clean hydrogen.



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