Baseload Capital and Orcan Energy successfully commissioned their first waste heat project with Chevron U.S.A. Inc.
Baseload Capital and Orcan Energy are pleased to announce the commissioning of a first project utilizing waste heat from existing oilfield operations at Chevron U.S.A. Inc.´s (Chevron) San Ardo oil and gas field in California, USA. Baseload Capital is the project operator, collaborating with leading cleantech company Orcan Energy providing the state-of-the-art heat-to-power technology. The project, which started operations in July 2022, demonstrates the potential of using existing oil and gas wells for reliable and cost-effective renewable power production.
Up to 90% of the fluid