Energy Efficiency, GHG Emissions, Solar - July 5, 2022
Canacol Energy Increases Solar By 32%
Canacol Energy Ltd. announced it increased solar energy usage by 32% with the installation of photovoltaic systems in 100% of new well sites and at the offices of three gathering facilities.
The Canadian-based natural gas company also continues to identify and decrease fugitive emissions by performing periodical in-house and third-party inspections to detect and repair leaks and developed a long-term strategy to implement circular economy practices with the ambition to divert more than 34% of total direct waste from landfill and achieve a Zero Waste Certification.
In Colombia, the company commits to contribute to the country’s goal of 51% emissions reduction by 2030.
Details were provided in its 2021 ESG Strategy & 2021 ESG Integrated Report.
“As the world navigates the complexities of climate change and other political and economic challenges, we continue to believe in the vital role natural gas has to play in displacing more carbon intensive energy options,” said Charle Gamba, President, and CEO of Canacol Energy said in a statement. “Our ambition is to continue to lead the oil and gas industry in Colombia in terms of supplying the increasing energy demands of Colombians while reducing carbon emissions, exploring avenues for renewable energy generation, fostering national energy self-sufficiency, and catalyzing the growth and development of Colombia’s economy and its people."