First of its kind certification builds on Williams’ strategy to gather, market and transport certified low carbon natural gas from well-head to end-user, with methane intensity quantified by Context Labs and verified by KPMG LLP
Comprehensive Decarbonization-as-a-Service™ platform coalesces a fragmented certified gas market by bringing together industry leading QMRV protocols, technology solutions and customers
TULSA, Okla. – 8 December 2022 – Using Context Labs Decarbonization-as-a-Service (DaaS™) and CLEAR Path™ platforms, Williams will be establishing the Energy industry’s first natural gas certification process to encompass the full supply chain: from production through to transmission and delivery. To achieve this, Williams announced agreements with energy producer, Coterra Energy, and utility provider, Dominion Energy Virginia.
DaaS™ will enable Context Labs’ partners at Williams, Coterra, and Dominion to track and quantify emissions associated with natural gas procurement, transmission, and delivery down to the individual molecule. Certifications of methane intensity will be generated through the DaaS™ platform, complete with verification by KPMG LLP. The environmental attributes associated with the delivery of certified Next Gen Gas will then be registered, tracked and retired through Context Labs’ CLEAR Path™ platform. These first-of-its-kind certifications of low carbon intensity energy pathways will meet and exceed existing industry standards.
By deploying the first end-to-end certification of low emissions Next Gen Gas, Williams and their partners will bring an entirely new standard for emissions monitoring to the certified gas marketplace. Context Labs technology is playing a crucial role in accelerating our customer’s journey to meeting their climate commitments.
Excerpts from Williams press release can be viewed below:
“Williams is proud to launch the industry’s first comprehensive next gen natural gas platform to bring greater trust, transparency and transactability to the certified gas market,” said Chad Zamarin, Senior Vice President of Corporate Strategic Development for Williams.
Context Labs is leveraging its DaaS™ platform to integrate data from multiple sources across Coterra’s and Williams’ operations, including ground-based optical gas imaging cameras, flyovers, satellite monitoring and internal operational systems. This data is aggregated and reconciled using a block-chain secured carbon accounting ledger to provide an end-to-end path-specific methane intensity certification from production through gathering and transmission. The environmental attributes associated with the delivery of next gen natural gas will be registered, tracked and retired through Context Lab’s CLEAR Path™ platform. “We are thrilled to be working with Williams and its supply chain ecosystem partners to produce the energy industry’s premier end-to-end next generation natural gas certification transactions,” said Dan Harple, Founder and CEO of Context Labs.
The program represents the first full value chain methane emissions certification program that will meet or exceed the Quantification, Measurement, Reporting and Verification (QMRV) measurement standards prescribed by the Oil & Gas Methane Partnership, a multi-stakeholder partnership developed by the United Nations, the Environmental Defense Fund and the Climate and Clean Air Coalition. It will also meet the upcoming Veritas protocol by research firm GTI Energy which brings together scientists, academics, environmental organizations, certification organizations and industry participants to demonstrate emissions reductions in a consistent, credible and transparent way.