Technology Trends in the Energy Sector

By Satyajeet Salvi, Scientific Advisor at American Pioneer Ventures

Innovation in the renewable energy markets continues to drive the overall energy sector forward. The current trends in renewable energy play a significant role in reducing the world’s energy consumption levels, increasing efficiency across industries, and lowering carbon emissions. The most notable and recent environmental policy enacted was the Paris Agreement in late 2015, which reduces carbon dioxide emissions, promotes more clean energy access, and meets energy security goals by diversifying the portfolio of energy technologies and resources.

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Pioneer Energy Factory Grand Opening

On October 7, 2014, Pioneer Energy Inc., a Colorado-based developer of mobile oil and gas recovery technology, held a grand opening celebration for their new manufacturing facility in Lakewood, CO. The facility which has now begun commercial operations, is producing Pioneer Energy’s Mobile Alkane Gas Separator (MAGS) technology. This mobile natural gas processing system for use at oil wells extracts valuable natural gas liquids, produces dry methane which can replace diesel fuel in onsite generators, and dramatically reduces or completely eliminates the need for environmentally harmful flaring. Colorado Governor John Hickenlooper, Congressman Ed Perlmutter, and Lakewood Mayor Bob Murphy attended the event.