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Voltagrid provides a non-wired distributed generation solution for prime power to the oilfield. They have a system & platform to improve performance & take in a lot of variables. Specifically, they can condition field gas and integrate renewable generation, as well as use clean tech (e.g. CNG).
Published June 28, 2021
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Updated June 27, 2024
Oil & Gas
Sustainability
Power & Efficiency
Production
Product Overview
Overview
VoltaGrid’s fully integrated artificial intelligence platform provides live emissions tracking, asset carbon intensity, automated back-office management and ESG reporting on a centralized database. VoltaGrid was founded in 2020 by a seasoned, energy-service team to provide innovative electric power solutions that increase reliability and reduce emissions for pressure pumping, remote mining, utility and distributed generation applications.
Business Model
Power Purchase Agreement based pricing
Technology Innovations
Voltagrid's turnkey power package consists of high-efficiency gas engines, energy storage and grid power connectivity to provide more flexible, cost-effective,and environmentally-friendly power.
They utilize a Cat Generator 2.6 MW and 13,000 Volts. A lot of data is collected through Cisco industrial network, then fed to AWS in real-time. On site, they stream data straight to their algorithms to optimize power based on demand leveraging hivecell's edge compute
On the 2.6 MW, they use natural gas engines (caterpillar) looking at hydrogen natgas combo. Next best is turban engine, biggest difference is better efficiency on fuel burn, lower emissions, lower overall costs.
Applications
Original traction in e-frac, but tons of opportunities in midstream, production & downstream. Platform can provide ESG metrics of system performance, demand charge mitigation, smoothing out profile of load.