Genalta Power Inc

Genalta Power is an independent power producer using waste energy streams such as flare gas, vent gas, and waste heat to generate electricity. We provide the capital and technical resources to build custom designed power plants unique to the energy source that generates additional revenue from underutilized energy streams.

Genalta Power provides a solution for oil and gas producers to reduce flaring and venting while simultaneously generating a new revenue stream

Genalta Power has built power plants that consume otherwise flared and vented gas from oil and gas sites across Alberta. In fact, Genalta was the first company in Alberta to earn carbon offset credits by converting flare gas into electricity. For example, Genalta’s Cadotte Peace River project is expected to reduce emissions by approximately 240,000 tonnes of carbon dioxide over its lifetime. Now Genalta is seeking to deploy capital in flare and vented gas diversion projects beyond the borders of Alberta in its commitment to create a greener and cleaner environment.

Remote oil and gas sites can be constrained by a lack of pipeline capacity or high processing and transportation costs. By converting this gas to electricity, producers can use Genalta's capital to still generate revenue

Genalta Power has worked with several producers to tap into these underutilized energy sources to generate power and we continue to make capital investments to generate revenue streams for stranded wells. We work with our clients to design a customized solution based on the composition and volumes of gas available to provide a natural hedge against unrealized gas revenues.