UK-based climate tech business Levidian has said it expects to announce its first US projects in the second half of the year.
Chief Executive John Hartley said a $15m (£12m) investment by Baker Hughes, confirmed in October last year, was poised to deliver the company’s first contracts stateside, and there should be North American projects signed in the next six to 18 months. The projects would see its LOOP system, which converts methane into hydrogen and graphene, installed at natural gas or wastewater facilities where methane is available.
“What’s in place is a joint development agreement with Baker Hughes, and the company is a great partner for us,” Hartley told gasworld.
“We have a technology now that is proven and ready to go. From here, it is about unlocking opportunities, and that’s what Baker Hughes brings. There are tens of thousands of possible opportunities in gas networks and in waste gas and landfill in the US, and there are pressing methane reduction targets to meet that were agreed at COP26. So the challenge is to pin down each opportunity one by one and see it through. In this respect, Baker Hughes is the ideal partner to work with us on making it happen – and things are happening.”
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