NEWTOWN, PA and VANCOUVER, BC, June 2, 2021 — Jericho Energy Ventures (TSXV: JEV; Frankfurt: JLM0; OTC: JROOF) (“Jericho” or “JEV” or the “Company”) is pleased to announce its wholly owned subsidiary, Hydrogen Technologies Inc (HTI), has released a new white paper on its cleanH2steam DCC™ Boiler.
The white paper provides an overview to HTI’s foundational zero-emission hydrogen-based boiler solution. Thermal requirements driven largely by fossil fuel-based boilers for space heat, hot water, industrial process steam account for over 20% of all global greenhouse gas emissions each year. Meanwhile, new product offerings fail to fully address the inherent inefficiencies, cost and emissions related issues.
HTI’s DCC™ boiler was developed from a clean sheet of paper to be the boiler of the future. It maximizes thermal efficiency, minimizes operating headaches, and emits absolutely no greenhouse gasses or other pollutants. By combining pure hydrogen (H2) and pure oxygen (O2) gas in an exothermic reaction, the DCC™ achieves previously unattainable fuel efficiencies in the range of 95-98%. It is a closed loop system with no smokestack that is free of all current air and emission regulations. This adds up to a boiler that produces high-quality process steam at prices that can compete with best-in-class natural gas boilers.
The white paper was written to give customers and energy solution partners of HTI a look behind the curtain at the first-principles physics that govern the DCC’s performance and the economics it enables.
The cleanH2steam DCC™ white paper can be downloaded at HTI’s website (click the link below the logo): https://hydrogentechnologiesinc.com/
Brian Williamson, CEO of JEV, stated, “We are excited to release our white paper to potential customers and energy solution partners that enable our revolutionary zero-emission hydrogen boiler. Introducing a novel product to market is both exciting and challenging – our overall aim is to educate our customers and partners on the significant issues related to traditional boiler systems while highlighting our novel and patented zero-emission solution. Decarbonizing our world’s thermal needs is crucial to global net zero-emission targets and the vast majority of our customers recognize their own pathway to net zero must include a zero-emission boiler.”
About Jericho Energy Ventures
Jericho Energy Ventures (www.jerichoenergyventures.com) (JEV) is focused on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture and new energy systems. JEV’s wholly owned subsidiary, Hydrogen Technologies, delivers patented, zero-emission, boiler technology to the $30 Billion Commercial & Industrial heat and steam industry. JEV also owns and operates producing oil and gas assets in the US Mid-Continent, predominantly in Oklahoma.
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CONTACT:
Adam Rabiner
Director of IR
Jericho Energy Ventures
604.343.4534
adam@jerichoenergyventures.com
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