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

Featured Reports

Share on

Climate 2023
Stationary Storage: The Centerpiece of a Renewable Grid

Stationary battery storage continues in hyper-growth modes as the primary means of regulating the intermittent nature of renewables. Energy Storage Systems (ESS) are split into two broad categories: grid-integrated and behind-the-meter systems. It is the fastest-growing segment of the battery supply chain. While growth is driven by the US and China, stationary battery demand is truly global.There is little doubt about the demand for battery storage in the years ahead. However, the path for EVs is less clear than stationary storage. The pace of EV adoption will be driven primarily by consumer preference, and there are many questions about adoption rates in the US. Policy directives will drive demand for stationary batteries as part of efficiently regulated electricity grids. Between the IRA and the EU’s scramble for energy self-sufficiency, it is tough to downplay the demand for stationary batteries of any chemistry over the next five years.

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

Share on

We discuss the challenges and opportunities in urban mobility, and Laura's role in making mobility in cities greener.
Commercial Transportation


Iola Hughes
Research Manager
Rho Motion

Iola Hughes is a research manager at Rho Motion working on electric vehicle, battery, charging, and energy storage market analysis, and has been with the company since its inception.



Become a member