Joseph Kuhach, CEO, Nsolv Corporation
John Nenniger, CTO & Founder, Nsolv Corporation
Paul Krawchuk, VP Operations, Nsolv Corporation
Nsolv Team: Joe Kuhach, John Nenniger, Alexander Stickler & Paul Krawchuk
Say “Goodbye” to SAGD and “Hello” to Nsolv! The company’s revolutionary solvent technology is demonstrating the possibility of clean, profitable and more sustainable oil extraction. Nsolv consumes zero water, reduces GhG emissions by 80%, and it leaves most asphaltenes and heavy metals in-situ, meaning 20% less waste for each extracted barrel – but that’s not all! It also reduces pipeline requirements, is 40% cheaper to purchase and requires 80% less energy input than today’s standard SAGD, making it an economically viable option at today’s low oil prices. Lastly, Nsolv’s lower operating pressure unlocks access to additional resources, potentially increasing Canadian in-situ reserves by 20-40%.
André Boulet, President and CEO, Inventys Thermal Technologies
Brett Henkel, VP, Commercial Development, Inventys Thermal Technologies
Soheil Khiavi, VP, Technology, Inventys Thermal Technologies
Darryl Wolanski, VP, Business Development, Inventys Thermal Technologies
Inventys Team: André Boulet, Brett Henkel, Soheil Khiavi & Darryl Wolanski
The Inventys team developed the VeloxoTherm™ System, the world's first post-combustion CO₂ capture process using structured adsorbents (picture a collection of connected sponges - all soaking up carbon). This is a radically different approach that uses smaller equipment, consumes less energy, adds no new components to the emissions stream and removes 90% of CO2 from the flue gas stream. At one third of the cost of traditional, solvent-based approaches, the patented VeloxoTherm™ technology is the most economically viable approach for separating CO₂ from flue gas streams. This technological marvel, which makes it easier and quicker to separate CO₂ from flue gas streams, may help bridge the gap between fossil fuels and environmental sustainability, and perhaps help pave the way to a low carbon economy.