Petroleum Technology Luncheon - January 11th

The next Petroleum Technology Luncheon is on Tuesday, January 11th.

MS Teams Meeting Online
(see link below)
Presentation: 11:30AM - 12:30PM

Using Solar Thermal for Low-Risk, Low-Cost Decarbonization of California's Thermal EOR

Steven Geiger,
Innova Partners

Click this link to just prior to meeting to join


California's thermal EOR operators are under considerable pressure to lower their CO2 emissions to maintain social license. Additionally, California's rising price on carbon represents a growing threat to profitability for unabated EOR. Modern solar thermal enjoys over a century of commercial operation and offers a lower-risk, lower-cost decarbonization pathway than other options, such as CCS. In addition to reducing emissions and regulatory risk, solar thermal is fast-deploying and can enhance profitability by up to $30/bbl and boost PV10 values significantly..


Steven Geiger is Co-Founder and President of Innova Partners, a energy transition advisory and investment firm. He is an authority on transforming oil-dependent countries and large energy groups through technology. Earlier in his career, he was co-founder and Director of MASDAR, a $15 billion renewable energy company owned by Abu Dhabi government. Additionally he served as Chief Operating Officer of Skolkovo, the $5 billion national agency for technology innovation of the Russian government.

He was educated at MIT, Harvard and Wharton Business School.