h2deep conference v3
TRANSCRIPT
GigaWatts of Sustainable Hydrogen From Deepwater
Pressure Temperature and Hydrates
1© H2Deep Ltd. 2007 – 2014
The TechnologyThe TechnologyThe Technology Production of hydrogen by
deepwater electrocatalysis utilising 4 natural forces: temperature, water pressure, wind and sun.
Gas Hydrate subseabed harvesting as rock is drilled and deep mined.
Easy transportation of ocean-
© H2Deep Ltd.
Easy transportation of ocean-pressured H2 with patented technology
One unit would supply 1% of present current global hydrogen market
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The MarketThe MarketThe Market
Strong drivers to hydrogen economy
Low cost-efficient technology to produce hydrogen from renewable sources
Established polluting Fossil technologies extract hydrogen from shrinking natural resources and generate NOx SOx and COx
Low-cost hydrogen could be easily used for existing Low-cost hydrogen could be easily used for existing applications, such as electricity generation and Fuel Cells
Gas Hydrates estimated at 10 trillion tons = Climate Change.
3© H2Deep Ltd.
MarketMarketMarket: 2010: 2010: 2010---202020303030
400
500
600
700
hyd
rog
en m
arke
t ca
pac
ity,
bln
$ /y
ear
Fuel-cell powered transport
Major Fuel
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0
100
200
300
400
2005 2010 2015 2020 2025 2030
hyd
rog
en m
arke
t ca
pac
ity,
bln
$ /y
ear
Gas power electricity generation
Chemical industry
transport
Source:http://www.eia.doe.govProjections are given under assumption of emergence of low-cost hydrogen technology
Business ModelBusiness ModelBusiness Model
4 Phase business plan:
Phase 1: Development and refinement of material selection, combined with final lab simulations and design work
Phase 2: Installation of turbine on seabed and production test over required period independently verified by 3rd party PPA
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Phase 3: Sustained operations of small number of units through Joint venture with major energy company with expertise in transportation of natural gas. Gas produced to be sold on new markets
Phase 4: Large scale development of pilot field. Alliance partner to focus on development of regional H2 market. Additional partners to be identified to expand into other geographical markets
5© H2Deep Ltd.
Operations: Phase 1Operations: Phase 1Operations: Phase 1, 2015-16
Identify the appropriate location on the ocean floor and evaluate environment using a deepwater ROV
Initiate drilling operations with drilling contractor
Install turbine above ocean floor and initiate sustained
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and initiate sustained operational test
Joint venture with major energy company with expertise in pipeline and LNG operations (BP, Shell, Eni, Unilever)
Sustained operation of small number of units
Electrolysis, Pressurisation and Transportability of H2 and O2
BenefitsBenefitsBenefits
Minimal Carbon footprint Sustainable transport
No legacy costs, unlike Oil and Gas installations
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and Gas installations
Efficient Hydrogen liquefaction on seabed
Sea Pipeline Option
Ocean Tankers
TWh production
Process OutputProcess OutputProcess Output
Unit design capacity 1m3 of H2O per second (1000 litres)
Which equals 111 kg of fully-pressured H2 (l)
Taking into account 91% efficiency (tanker transfer / transport losses)* process produces 100 kg H2 (l) per second
100 x 3600 x 24 x 5 x 52 (5 day week year one; inc maintenance, loading
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and shipping rota) = 2.2 x 109 kg of H2 (l) per year
Revenue value of H2 £1/kg retail market for Distribution and Supply
Selling price £0.20 per kg, gives £449.3 Million income per annum per plant
© H2Deep Ltd.
Investment Benefits: Phase 1Investment Benefits: Phase 1Investment Benefits: Phase 1
Initial Investment requirement: £353,000,000
Expected IRR, if exit in 3rd year: 100%
Expected IRR, if exit in 5th year: 430%
Break-even point: 1.5 year of operation
Investment may be paid in instalments for reference process plant.
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reference process plant.
Ethical Investors need apply
Mission StatementMission StatementMission Statement
Hydrogen Economy.
We are Focussed on Greening the Fossil Fuel Industry Using Efficient Renewable Resources and Clean Technologies. Please email us if you
wish to work, partner, or invest in our project
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Contact: David Van Sertima
e-mail: [email protected] tel.: + 44 (0) 772 602 5742
Sustainable Improvements
© H2Deep Ltd.