Home / About / Who We Are
Transforming Industrial Waste Heat Into Carbon-Free Power With No Capital Needed From Host Facilities
Kanin vs Status Quo
We provide a bundled solution for industrial customers that include the design, capital, construction, and operations for the project. Our core focus is on capturing waste heat for power generation and district heating projects.
Our Innovative Business Model
Turn Key, Carbon Free Power
Kanin’s team brings extensive technical knowledge with a technology-agnostic approach and delivers a streamlined execution process across engineering, construction, operation, and maintenance for the duration of the project. Our expertise in commercial development includes a deep understanding of carbon markets and policy, interconnection, and power and carbon offtakes. Additionally, we facilitate third-party financing through our Energy-as-a-Service (EaaS) model, allowing customers to pay for energy services without any upfront capital investment. This comprehensive approach ensures that projects are delivered smoothly and efficiently, with minimal disruption to our clients’ business operations.
Energy-as-a-service (EaaS)
Kanin offers Energy-as-a-Service (EaaS), a business model where customers pay for energy services without any upfront capital investment. In this model, typically, customers subscribe to energy services through projects owned by Kanin. EaaS has been employed by carbon-free technologies, such as solar and wind, to facilitate global deployment. Our partners benefit by avoiding upfront capital costs, as well as upgrade and management expenses, since Kanin operates the project throughout its lifetime.
Core Competency in Industrial Decarbonization
Kanin’s core competency lies in industrial decarbonization projects. Our dedicated focus in this area means that we are not just service providers but committed partners in your journey towards a lower carbon footprint. Our specialized expertise allows us to tackle the unique challenges of decarbonizing industrial operations, ensuring that sustainability goals are met without compromising on efficiency or productivity. This dedication to industrial decarbonization is what makes Kanin an invaluable partner for businesses looking to make meaningful environmental impacts.
Providing 24/7 Carbon-Free Energy
Kanin Energy champions the use of Waste Heat to Power (WHP) as a key resource for achieving 24/7 Carbon-Free Energy (CFE). According to the United Nations, 24/7 CFE means that every kilowatt-hour of electricity consumption is met with carbon-free electricity sources, every hour of every day, everywhere. Waste heat to power is considered carbon-free energy given that WHP has no incremental emissions in the production of electricity. Using exhaust heat from existing thermal processes, a WHP system does not create emissions and instead offsets the need to generate additional electricity, which in many cases has a carbon-intense fuel source.
WHP also provides much needed baseload power. Baseload electricity is readily available power that can meet the requirements of an electricity grid at any time of day. WHP from industrial processes generates baseload electricity because the processes it connects to are in operation continuously. In contrast, intermittent electricity is power that is not continuously available. Wind and solar energy are intermittent sources of electricity generation.
The Kanin Team
Kanin Energy is a purpose built team of industry professionals that blend optimal big facility experience, deep project finance knowledge, electricity market expertise, and entrepreneurial savvy.
Kanin Energy is a Proud Member of Industry Organizations Dedicated to Advancing Decarbonization Solutions.
We actively participate in groups such as Heat is Power, the Greater Houston Partnership’s
Houston Energy Transition Initiative, and Decarb Connect’s Decarbonisation Leaders Network.
Kanin Energy has a strong track record of accelerator participation having successfully completed programs through Plug and Play Silicon Valley, Plug and Play Alberta, MaRS, Canadian Tech Accelerator, Third Derivative, Rice Alliance, Foresight Canada and Joules, demonstrating Kanin’s commitment to innovation and growth within the energy sector.
Reach out to us and we will get back to you as soon as we can.
Phone
Houston: 1 (888) 966-1238
Calgary: 1 (403) 768-1828
Offices
4200 San Jacinto St. 77004, Houston, TX
United States
Unit 301,1615 10 Ave SW.T3C 0J7, Calgary, AB Canada
Kanin is technologically agnostic. We use the best available technology based on our evaluation of the waste heat resource at the host site. Kanin is intimately familiar with all major ORC, SRC, and Supercritical CO2 technology vendors & this ensures your site will be matched with the most appropriate technology. We are always evaluating and adopting emerging technologies too!
There are no costs to the host facility. Kanin finances, develops, and manages the Waste Heat to Power systems deployed to sites, and provides industrials with electricity or an additional revenue stream depending on circumstances.
There is no impact or potential impact on the existing industrial process, therefore, there is no risk to the client process. For example, any additional back pressure added to a turbine exhaust by Kanin’s heat exchanger will be mitigated by installing an induced draft fan (if required). The systems utilized are relatively low pressure, field-proven, and have been deployed for many years.
The site equipment will immediately revert to the previous operation for exhaust before the Waste Heat to Power system was installed.
Kanin is responsible for any repairs or maintenance that would be required for the Waste Heat to Power equipment. Every 5 years the system gets inspected with a maximum week turnaround.
Kanin utilizes an innovative business model that works with the host facility in an Energy-as-a-service (EaaS) agreement to pay facilities for their waste heat.