Every hour in the United States enough methane is flared to heat over 6 million homes for an entire month. This resource is being wasted because there is often no other cost effective application for the low quality “dirty” gas produced at landfills, waste water treatment facilities and many oil / gas wellheads.
Q2Power (“Q2P” or the “Company”) is a renewable power company that utilizes proprietary technology and proven business models to monetize waste energy resources such as methane. Q2P is poised to capture a significant portion of this untapped market due to three key factors:
• We believe that our proprietary, patented technology is ideally suited for use with this fuel source. Our power systems are small, scalable and modular, and can be installed at the site of methane flares at a similar cost per kW as large-scale power plants.
• Our business model employs Power Purchase Agreements (PPA), which eliminate financial risks for our customers and reduce sales cycles. Unlike solar installations which are effective at most 6.5 hours per day, Q2P’s systems can generate power 24 hours a day, thus creating a far more attractive return on investment.
• Federal and local environmental crackdowns on methane emissions are creating urgency to install systems that can cost-effectively convert this wasted fuel source to usable power.
With the methane that is wasted each year in the U.S., Q2P could generate over 9,100 Gigawatt hours of electrical power, representing a $900 Million annual total addressable market. At a 5% U.S. market penetration, Q2P could generate in excess of $45 Million per year, or $320 Million over a 7-year PPA term, with greater than a 40% unlevered, unsubsidized IRR. Further, we estimate that the international markets are potentially 10 to 20 times larger than in the U.S.
Every hour in the United States enough methane is flared to heat over 6 million homes for an entire month. This resource is being wasted because there is often no other cost effective application for the low quality “dirty” gas produced at landfills, waste water treatment facilities and many oil / gas wellheads.
See Campaign: https://www.equitynet.com/c/q2power-corp?s=p
Contact Information:
Christopher Nelson
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Source: icnw