Orbio Earth leverages the power of satellite data and reconciliation algorithms to fill the global methane gap with equipment-level emissions intelligence. Creating a world-first dataset of high-frequency, multi-scale methane emission quantification for any location on earth, we help analysts and asset managers to benchmark emissions and prioritise reduction opportunities on global-scales.
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Orbio's physics-based analytics model generates global methane emissions data utilising 8 different satellites
Orbio reconciles this data with other emission datasets to provide an aggregated benchmark of emissions
We then package this onto our Methane Intelligence platform to enhance existing reporting and reduction practices
Orbio utilises satellite data to capture images of methane every 4 days from any site on earth. We then reconcile this satellite emissions data with emission factor datasets to provide better emission benchmarks of assets, companies and supply chains.
Man-made methane emissions are a climate quick win. Stopping these emissions from the energy industry alone could prevent 0.2°C of global warming. To put that into perspective, it would be like taking all cars and trucks off the road globally. Moreover, preventing these emissions is fairly simple provided stakeholders are equipped with the right data.
Firstly Orbio can deliver data at high spatial resolutions meaning emissions can be attributed to specific assets. The main methane-specific satellite in use today gives regional scale resolutions making it very difficult to gauge where the source of methane emissions are coming from. Secondly, Orbio has begun reconciling emissions data with non-emission datasets to inform how existing reporting efforts and aid with risk identification.
We are open to any connections! Find us on Linkedin, Crunchbase and Twitter, or drop us a line on firstname.lastname@example.org, we are always keen on talking to people who are interested in tackling the methane problem.
Because estimating methane emissions is very difficult! There are three main reasons for this:
1.) The nature of events are quite random, it can be from a leaking valve to a maintenance event, to a blowout.
2.) There are 12 million energy assets worldwide that can emit methane. Therefore it's difficult to capture accurate data about emissions across such large scales.
3.) Lastly, the majority of methane emissions are un-reported events, therefore, usually, they are not taken into account by current estimates.
There are three examples that can be pointed to here:
1.) Regulatory Pressure is increasing - after CO26 and the Global methane pledge, which 100 countries signed, methane regulations are being introduced creating transitional risks for companies. This transitional risk and regulatory pressure is in turn leading to shareholders pressuring businesses to better account for methane in their supply chain.
2.) Unaccounted methane emissions can lead to drops in company valuations. Diversified energy recently suffered a $300m drop in its share price after it was found to have higher methane emissions in its supply chain than reported.
3.) Companies are backing out of purchasing decisions based on methane emission risk. Engie recently backed out of an energy deal with NextDecade after fears over the methane emissions within the companies supply chain