“THERE COMES A TIDE IN THE AFFAIRS OF MAN WHICH, CAUGHT AT THE FLOOD, LEADS ON TO FORTUNE.”
William Shakespeare

Investors

Hygenic Earth Energy is a transformative technology with a potential worldwide market.

Our business plan is to demonstrate and license the technology in selected regions over the next two years, as part of International Joint Venture Agreements, and to create Regional Centres of Excellence.

A family of patents is also proposed, with new provisional patents already prepared.  The new patents are intended to either expand the scope of operations, or provide protection for the original patent as the technology evolves.

A substantial amount of the R&D budget is already being financed locally, through government grants for innovation and for promoting climate-friendly technology.

Land acquisition strategies are being prepared at regional scale.  These may  benefit from traditional lending institutions, as Proton proposes to enhance recovery and improve the value, profitability and sustainability of aging facilities and depleted reservoirs.

At this early stage an opportunity exists for investors to participate at the ground floor, helping the company address challenges in each region and each type of reservoir.

EQUITY INVESTMENT OPTION

WHAT ARE THE MARKETS FOR HYDROGEN?

SHORT TERM

The current market for hydrogen is estimated at $165B USD worldwide. About half is purchased for fertilizer production (ammonia). Much of the rest is used for hydro-cracking (refining heavier oils). Almost all this hydrogen is derived from natural gas, with carbon emissions into the atmosphere.

As the HEE technology becomes widely available, and hydrogen becomes available and affordable, the market will certainly respond. Initially this will certainly mean that fertilizer production becomes more profitable nearby the Troves. It will also generate an immediate increase in production of synthetic fuels and fuel additives.

HEE is on top of reservoirs, and is likely to be conveniently located for existing refineries. HEE hydrogen can immediately displace hydrogen from hydro-cracking (SMRs) – reducing both the cost and carbon footprint of oil and natural gas.

Another immediately application is electricity generation and thermal production. Hydrogen can be used almost anywhere, at any scale, to produce electricity – either from fuel cells or thermal generators. A steady supply of ‘green’ hydrogen by means of existing rail or pipeline can provide ideal peak-shaving and load-management tool for electrical utilities, and also a more efficient base for distributed electricity generation (with greatly reduced transmission losses).

MID TERM

In the mid-term it is possible to imagine HEE as a foundation to a ‘new generation’ hydrogen economy, with better economics and a more rapid transition than has been forecast in books and web sites up to now.

Hydrogen from HEE is likely to be competitive on its own merits, and even more so as carbon taxes and air quality regulations restrict the use of oil, gas and coal.

In a hydrogen economy, hydrogen becomes a kind of energy currency, allowing for easy conversion, transport and storage of energy derived from multiple ‘green’ sources like wind and excess hydro. The challenge for such a hydrogen economy has always been the environmental and economic cost associated with production and transport, and these factors vary by region.

HEE will be especially attractive in regions that have easy access to oil or coal reservoirs, and where hydro electricity is limited, air quality is poor, and pure water is in short supply.

Wherever HEE is affordable and locally available, it is likely that hydrogen will become a major piece of the new energy puzzle.

Hydrogen's role in the integrated energy network:

"H2 at Scale: Deeply Decarbonizing our Energy System"

HOW COMPETITIVE IS HEE?

Computer simulations use scientific principles to derive the most likely cost and productivity for HEE systems.

Initial simulations indicate a very competitive price for the hydrogen.  Production costs are estimated to be below $0.50/kg (USD), compared with the current standard Steam Methane Reformers at $2 to $3/kg (USD).

Proton Technologies, in collaboration with the Gates Research Group, will continue to refine this simulation work throughout 2017, but preliminary results are in:

  • HEE is likely to be both productive and profitable!

A single well-pair

Consider a single Oxinjection and Hygeneration well-pair, in a reservoir typical of an Alberta heavy oil region. The simulation predicts that production, in its initial 5 years, will be:
  • 1bcf (3063 tonne, 3.1 million Gallon Gas Equivalent) of hydrogen, generating…
  • $2.8million profit on a $1.5million investment with a 2-year payout for a…
  • 53% internal rate of return.
At the same time the HEE well will save over 30,000 tonnes of CO2 emissions in comparison with a steam-methane reformer, producing carbon credits worth another $1 million (@$35/tonne).

A typical HEE system with multiple wells

Screen Shot 2017-03-14 at 12.59.54 PM

Consider a completed HEE system with, for example, 30 wells and with economics of scale reducing costs by 50% per well.

The simulations predict:

  • An expected lifespan of 7 to 9 years for each Hygeneration well, for a total
  • profit of $265 million, including carbon credits.

LEARN MORE ABOUT THE ECONOMICS OF HYDROGEN PRODUCTION:

  • US Department of Energy (DOE)
  • Economic Considerations for the Design of In-Situ Combustion Projects (Moore, Ursenbach, Laurenshen, Mehta, 2000)
  • Technology Roadmap – Hydrogen and Fuel Cells (IEA 2015)
  • Hydrogen: Automotive Fuel of the Future (Raissi, Block, IEEE 2004)