America faces a dry future without immediate action, with scientists having warned that many regions could see their supply of fresh water reduced by a third over the next 50 years.
With 96 out of 204 freshwater basins in difficulty, mainly as a result of population growth and climate change, there is an urgent need for new approaches that could advance the protection of natural resources and help avert future shortages.
Innovative practices are needed especially in the area of wastewater recycling as it is one of the solutions that could help preserve scarce freshwater resources and meet the growing demand from different sectors including industry and farming.
While today’s water recycling systems and processes are much more efficient and cost effective than in the past and have greatly contributed to efforts to address the problem of water scarcity, the power of technology can be even greater. used to improve the process as a whole. .
Cavitation Technologies, Inc. is an industrial solutions provider that has developed an efficient, economically viable and environmentally friendly innovative technology process to help transform wastewater into a sustainable resource.
“There are government regulations that suggest that in the future, operators in different industries will no longer be allowed to always use fresh water supplies and will have to reuse produced water. To do this, operators are looking for an economical solution viable”, Neil Voloshin, COO and CFO at Cavitation Technologies, Inc., told The Sociable.
“That’s where our technology comes in,” he said, adding that their “green and economically viable” solution is being used in industries such as oil and gas that are considered big polluters.
On 85 cubic kilometers of wastewater is generated each year in North America, of which 61 cubic kilometers are treated. Annually, however, just 2.3 cubic kilometers or 3.8% of total treated wastewater is used.
Companies that take advantage of the technology developed by Cavitation Technologies, Inc. for recycling water can maximize the reuse of hardware resources while reducing their investment, operating and maintenance costs. This is mainly thanks to low energy requirements, the need for minimal operator attention, and a dramatic reduction in transportation and disposal costs and associated liabilities.
Other advantages of their technology include a major reduction in chemical usage, consistent and reliable results, tolerance for wide variation in waste stream and water reuse, and a negligible amount of rejects.
The solution could positively contribute to sustainability efforts given the great need and potential for wastewater recycling and reuse in different parts of the world, including North America.
The COO and CFO of Cavitation Technologies, Inc. explained that their solution can be easily integrated into the existing processes of any operator, large or small scale. They also help eliminate a lot of process-related costs, as their technological innovation brings longevity to a company’s already established operations, giving more durability to expensive machinery.
“We have had very good traction from various oil and gas companies and have treated approximately one million barrels of produced water since we expanded into water treatment in 2019,” he said. declared.
According to Voloshin, the cost of treating produced water using their technology currently ranges from 50 cents to $2 a barrel and the company is trying to reduce the cost even further.
“We can achieve this while remaining very profitable. The coronavirus has set us back about a year and a half, but now we are moving forward,” he said, adding that they currently process nearly 9,000 barrels of produced water per day.
“We will be increasing our capacity to do about 25,000 BPD in the near future, and our initial goal in the next six months would be to reach 100,000 to 150,000 barrels of treated produced water per day,” Mr. Voloshin said. , while emphasizing that they are committed to operating in a responsible manner that improves their environmental impact.
The demand for water in the industrial, agricultural and domestic sectors is increasing year by year as the population grows and paradoxically the water sources are decreasing by leaps and bounds at the same time. It is vital that technological innovations such as cavitation are implemented at a societal level so that the thirst for essential resources such as water is quenched.
Disclaimer: This article mentions a client of an Espacio portfolio company.