Solar PV Options to Reduce Emissions from Drilling, Completions, and Production Operations

Abstract

This research assesses options for the oil and gas sector in Canada to reduce scope 1 and 2 GHG emissions from their drilling and completions operations. This sector accounts for 26% of national GHG emissions in Canada. Drilling and completions operations contribute to a significant portion of greenhouse gas emissions which can be reduced by various options. This paper explores the techno-economic feasibility of implementing different solar photovoltaic options to offset the carbon emissions for a specific organization. Using organizational and historical data coupled with SAM simulation software, the research finds that bi-facial panel systems with single-axis tracking offer the most cost-effective solution with the lowest Levelized Costs Of Electricity (LCOEs) when compared to their mono-facial, fixed mounted counterparts. Carbon offset credits produced by the system can be used to meet the organization's emissions compliance obligations.