Terrapin specializes exclusively in finding and utilizing heat to drive profitability. In an era of volatile commodity prices, punitive carbon taxes and economic pressures on all sides, Terrapin deploys technology and expertise to turn heat into value for our clients and partners. We do this by mapping available waste heat, matching that with optimal cutting edge technology and building strong financial models to make for slam-dunk investment decisions.
The opportunity at Industrial Facilities
Large facilities can eliminate as much as 30% of their long term commodity price risk through leveraging their own waste heat.
The Opportunity at Well Sites
Deep, hot oil & gas wells have the potential for decades of future economic life as heat and power assets.
The Opportunity in Geothermal
Canada's geothermal industry is poised for explosive growth by leveraging our existing construction and drilling expertise.
Direct Heat Use
The highest value of heat is often as heat. Re-integrating waste heat in other parts of the facility, or finding a neighbouring facility that will buy your waste heat is one of the most obvious ways Terrapin can bring immediate value to your facility.
Low temperature power
Terrapin has developed it’s own proprietary power generation engine focused on converting low-grade waste heat in the 80°C-140°C temperature range into clean, renewable power.
High temperature power
High temperature waste heat streams present the quickest payback option in doing heat to power. Terrapin specializes in matching the ideal technology to the available heat stream to provide the highest possible ROI.
Hedges & Offsets
The regulations and incentives around carbon offsets & environmental credits is always changing. Terrapin has deep expertise of the policies, pricing, incentives and offset protocols that can significantly improve project ROI and reduce the requirement for some commodity hedges.
The first step on any project is to evaluate the resource available. Terrapin’s experienced team of engineers maps the availability, quality and consistency of all waste heat streams to set a strong foundation of knowledge.
Using your list of project requirements and financial objectives, Terrapin solves the question of what the most impactful interventions available for your facility are. Economic competitiveness, cost reduction and revenue creation are our primary motivators.
An investment decision is required after the Solve phase of our process. Terrapin supports projects through construction, commissioning and long-term maintenance. We do this by bringing in construction expertise that can give fixed price guarantees to ensure project profitability.