uses sustainable and renewable woody biomass to produce
Hydrogen-rich syngas at an unbeatable cost, bringing
affordable, green Hydrogen power to the world.
H2EG’s modular and scalable technology set is fully developed and has been in production since 2015. While renewable Hydrogen competitors opine that they will be competitive with SMR Hydrogen by 2030, H2EG’s renewable Hydrogen is competitive today.
Hydrogen for carbon sequestration
SMR – Steam-methane reforming
POX – Partial oxidation
ATR – Auto thermal reforming
U.S transportation accounts for approximately 70% of the country’s oil consumption and 28 percent of its greenhouse emissions. Electrification of the transportation sector is a key initiative in combating climate change. California has recently adopted the “first-in-the-world rule” that will require truck manufacturers to provide zero-emission vehicles beginning in 2024 with full adoption in 2045. By 2035, 40% of tractor-trailers and 55% of smaller, pickup trucks (class 2b-3) and 75% of medium and heavy-duty trucks and vans must be zero-emission vehicles. As of July 2020, there are 41 hydrogen refueling stations in California with a goal of having 200 stations by 2025. The California Air Resources Board has recently recommended
Renewable hydrogen is increasingly being considered in the long term as a replacement to natural gas. In the interim, it is projected smaller amounts of renewable hydrogen will be blended (10-20%) into existing pipelines with the advantage of not requiring any upgrades to the current natural gas infrastructure. Utilities providing natural gas are currently evaluating the impact of blending on their pipelines. In addition to the reduction in greenhouse gas emissions, the benefits of blending renewable hydrogen and natural gas include paving the way to upgrading the entire network of natural gas pipelines to be compatible with 100% renewable hydrogen. As of 2020 fertilizer production and oil refining are the largest users of hydrogen. With H2EG’s low-cost renewable hydrogen coupled with increasing public and government pressures to reduce greenhouse gas, H2EG is well positioned to take advantage of these other markets as well.
Forward Looking Statements: This Information and other information contained herein, later provided to Recipient or used by Recipient in its evaluation process may include certain forward-looking statements and projections provided by H2EG, its officers, members or advisors and their respective affiliates. Any such statements and projections reflect various estimates and assumptions by H2EG, its officers, members or advisors and their respective affiliates concerning anticipated results. No representations or warranties are made by H2EG, its officers, members or advisors or any of their respective affiliates as to the accuracy of any such statements or projections. Whether or not any such forward looking statements or projections are in fact achieved will depend upon future events some of which are not within the control of H2EG, its officers, members or advisors and their respective affiliates. Accordingly, actual results may vary from the projected results and such variations may be material. Statements contained herein describing documents and agreements are summaries only and such summaries are qualified in their entirety by reference to such documents and agreements.