Transition to sustainable energy sources at Welltec HQ

HERO 1712 X 963 Solar Panels

Transition to sustainable energy sources at Welltec HQ

Welltec® is delighted to share significant milestones in our journey toward sustainability.

Firstly, the installation of a heat pump system at Welltec headquarters in Allerød, Denmark, has drastically reduced our reliance on natural gas for heating.  Thus, in 2023, we saw an impressive 70% drop in natural gas consumption in comparison with 2022.  This translates to a remarkable reduction in our ‘Scope 1’ CO2 emissions by 184 tons.

Secondly, the addition of solar panels to the roof area has been highly impactful.
These solar panels generated 15% of our power consumption in 2023, contributing to a substantial reduction in our reliance on traditional energy sources.  As a result, we've prevented the equivalent CO2 emissions, bolstering our commitment to sustainability, and minimizing our overall footprint. 

Scope 1 GHG emissions
The CO2 figures are calculated using a digital tool known as the Climate Compass, developed by the Danish Business Authority (Erhvervsstyrelsen).

Scope 1 refers to the direct greenhouse gas (GHG) emissions that occur from sources that are owned or controlled by the entity in question.  These emissions typically result from activities such as burning fossil fuels for heat or power, emissions from owned vehicles, or emissions from chemical processes.  They are categorized as Scope 1 emissions according to the Greenhouse Gas Protocol, which is a widely used standard for accounting and reporting greenhouse gas emissions.

Minimizing footprint
These initiatives support ongoing efforts at Welltec to minimize our own carbon footprint, and to fully align with our mission: the application of engineering and technology to provide safe, effective and quantifiable energy solutions.

By embracing innovative technologies and sustainable practices, we continue to demonstrate our dedication to creating a greener, more sustainable future.

In addition to the environmental benefits, these initiatives will contribute to cost savings and operational efficiency, further enhancing our competitive advantage and long-term viability.

About Welltec

Welltec® is a global technology company that develops and provides efficient, hi-tech solutions for the energy industry.

The company was founded in 1994 and grew rapidly by supplying innovative intervention technology to oil and gas operators. In 2010, Welltec introduced a new business segment focused on developing Completion solutions, and since commercialization of these products in 2014, the company has become a global leader in the field of metal expandable packer technology. Welltec’s cutting-edge products and services are designed to optimize the performance and integrity of a well, in any environment. As a well-established and trusted partner to energy industry stakeholders across the globe, Welltec is successfully aiding clients within New Energy and Climate Technology, with a focused approach to help develop geothermal energy, and carbon capture and storage (CCS) projects.

Through advanced engineering and lightweight design, Welltec’s solutions have helped clients increase operational efficiency and reduce carbon footprints in a safe and sustainable way for 30 years.