The Environmental Protection Agency (EPA) has committed to regulate existing sources of methane from the oil and gas industry, and it is asking for information from the methane mitigation industry to make sure the rule’s approach and requirements account for recent innovation. The EPA’s announcement comprises the U.S. portion of the North American commitment to cut methane by up to 45% from the continent’s oil and gas industry by 2025. Existing sources in the oil and gas industry make up over 90% of the sector’s emissions, which contribute over 9 million tons of methane pollution annually.
The opportunity is open now to tell the EPA what works in methane mitigation.
Emission standards for existing sources of methane will not only reduce greenhouse gases but could also create new markets and customers for the growing mitigation industry. The regulation will likely start with one or more approved work practices to find and fix methane leaks, describing a technology or group of technologies that must be used in a certain manner. For example, EPA’s New Source Performance Standards for new and modified sources of methane required the use of optical gas imaging cameras or “Method 21” instruments. With far more existing sources of methane than new or modified sources, being part of an approved work practice for existing sources would open up a significant market opportunity.
In one of the first steps toward developing the existing source rule, the EPA has set up a voluntary Request for Information, asking anyone with “information about monitoring, detection of fugitive emissions, and alternative mitigation approaches” to submit details by commenting on the Request for Information docket online. The EPA states it is particularly interested in “advanced monitoring technologies” that could be “broadly applicable to existing sources.” The EPA cites as an example “monitoring systems that provide coverage across emission points or equipment in a way that was not previously possible, thus enabling a different approach to setting standards.” A good submission may include “published or unpublished papers, technical information, data, or any other information” that might be relevant.
The deadline to submit information via comment to the agency is November 15, 2016. But there is no need to wait–those who submit earlier will be part of the conversation sooner. And a number of important topics need to be discussed to shape the existing source regulation. The federal New Source Performance Standards and Colorado’s methane regulation contain a pathway for innovative technologies—a mechanism, supported by industry and environmentalists alike, for the EPA to evaluate and approve better methane reduction approaches. A similar approach could help incentivize advanced technology deployment for existing sources. This request for information is the first invitation of many to highlight innovation in the methane mitigation industry.
Follow Aileen Nowlan on Twitter, @Aileennow
Read more about the emerging Methane Mitigation industry
Why energy investors need to manage methane as a Rising Risk
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