E66: Building flywheels of irreversible momentum for methane monitoring & measurement

May 13, 2024

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Description: Nick is joined by Jigar Shah, the Director of the DOE’s Loan Programs Office, and Ian Dickinson, the CEO of LongPath Technologies, to discuss the commercialization of novel methane monitoring technologies to accelerate lower-hanging fruit in methane mitigation. Specifically, Jigar, Ian, and Nick discuss the ongoing methane measurement technologies LongPath is building for oil and gas infrastructure in the Permian Basin and what climate, economic, safety, and regulatory impacts are being driven by a step-change in methane measurement and monitoring technologies. Further, Jigar, Ian, and Nick also discuss:

Bridging financing gaps: The Loan Programs Office’s role in financing climate and energy technologies to create “flywheels of irreversible momentum,” in Jigar’s words.
Momentum for methane: The range of tailwinds coalescing right now for methane measurement and mitigation that are accelerating the work of companies like LongPath
The oil and gas industry’s role: What does the oil and gas industry think of trends in methane measurement and monitoring, whether from a technology perspective or with respect to new regulations coming to the fore in the U.S. to price methane emissions?

Timestamps:

00:03:31 - Loan Programs Office's Support for Climate Tech Companies

00:04:40 - Methane's Impact on Global Warming vs. Lack of Financing

00:05:16 - Economic Incentives to Address Methane Leaks

00:08:33 - Technologies for Methane Detection and Monitoring

00:10:26 - LongPath's Development and Commercialization

00:15:15 - Safety Benefits of Novel Methane Monitoring

00:18:45 - Operational and Compliance Challenges in Methane Management

00:22:40 - EPA's Methane Regulations and Industry Impact

00:27:29 - Potential Global Impact of Methane Management Technologies

00:30:12 - Broader Economic and Environmental Benefits of Methane Reduction

00:31:38 - LPO's Goals and Impact on Hard Tech Innovation

00:33:40 - Working with the Loan Programs Office

00:35:09 - Other Exciting Developments in Climate Tech and Energy

Don't miss out on this podcast if you're interested in learning more about the state of climate tech, the energy transition, and the role of DOE's Loan Programs Office in accelerating the energy transition in the U.S. and globally. Subscribe on Spotify, Apple, Google, or your favorite podcast platform.

Learn more about LongPath Technologies on their website and LinkedIn: https://www.longpathtech.com/ / https://www.linkedin.com/company/longpathtech/

Learn more about the DOE’s Loan Programs Office on their website and LinkedIn: https://www.energy.gov/lpo/loan-programs-office / https://www.linkedin.com/company/doe-loan-programs-office/

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