CleanHydro Providing a real solution to the world’s energy needs CleanHydro I OIL - 37% I COAL - 25% 1.1 Current status of I the world’s energy I needs GAS - 23% NUCLEAR - 6% I BIOMASS - 4% I HYDRO - 3% I SOLAR - 0.5% I WIND - 0.3% I OTHER - 1.2% Source: REN21 Global Status Report on Renewables Together the fossilfuel is 85% CleanHydro 1.2 Current status of More than half of the energy has been in the last two decades since the world’s energy consumed the industrial revolution, despite advances in efficiency and needs sustainability According to IEA world statistics, between 2004 and 2008 the world’s population increased by 5%, our annual CO2 emissions went up by 10% and gross energy production increased 10% 3 CleanHydro 3.0 Emissions Emissions are considered to be the most serious global environmental problem facing us today. As a result, many nations have signed the UN agreement to prevent a dangerous influence in the climate system. Limiting global temperature rise at 2%, (considered as a high risk level by Stockholm Environmental Institute), will require a 75% decline in carbon emissions in the industrial countries by 2050, assuming the population to be 10 mrd by that time5. 75% in 40 years will require approximately a 2% decrease every year. 5 Energiläget 2050 by Professor Cristian Azar and Kristian Lindgren CleanHydro 3.2 Emissions In 2011, the warming emissions of energy production continued rising regardless of the consensus of the basic problem. It is estimated that human activity has already created a rise of 1,5°C in the temperature6. According to Robert Engelman of the Worldwatch Institute, emissions must be totally stopped within a decade regardless of economy and population state (2009)7. 6 Paul Brown, Global Warming, The last chance for change, 2006 7 State of the World 2009, Worldwatch Institute, 2009 CleanHydro 4.0 Carbon Credits CleanHydro 4.1 Carbon Credits A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one ton of carbon or carbon dioxide equivalent. Carbon credits and carbon markets are a component of national and international attempts to mitigate the growth in concentrations of greenhouse gases. One carbon credit is equal to one ton of carbon dioxide, or in some markets, carbon dioxide equivalent gases. Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources. CleanHydro 4.2 Carbon Credits Formalized in the Kyoto Protocol, the concept of carbon credits came into existence as a result of increasing awareness of the need for controlling emissions. The IPCC (Intergovernmental Panel on Climate Change) has stated: Policies that provide a real or implicit price of carbon could create incentives for producers and consumers to significantly invest in low-GHG products, technologies and processes. Such policies could include economic instruments, government funding and regulation CleanHydro 4.3 Carbon Credits Managing emissions is one of the fastest-growing segments in financial services in the City of London with a market estimated to be worth about €30 billion in 2007. Louis Redshaw head of environmental markets at Barclays Capital predicted that “Carbon will be the world's , biggest commodity market, and it could become the world's biggest market overall.” Energy use and emission levels are predicted to keep rising over time. Therefore the number of companies needing to buy credits will increase, and the rules of supply and demand will push up the market price, encouraging more groups to undertake environmentally friendly activities that create carbon credits to sell. CleanHydro Hydrogen Production with zero carbon emissions CleanHydro 5.0 Hydrogen: The fuel of the future CleanHydro 5.1 Hydrogen: The fuel of the future Current industrial production of hydrogen engineering management of the endothermic generates several tonnes of carbon dioxide (heat requiring) and exothermic (heat for each tonne of hydrogen. producing) reactions. Little or no additional energy is required to run our reactors. But CleanHydro have now developed a method that produces hydrogen with zero carbon emission. Hydrogen production companies all over the world will benefit by modifying their existing plants using the method developed by This is achieved by keeping all emissions CleanHydro. They will be producing (including that which provides the energy by hydrogen without carbon emission, earning burning coal or gas) together until the end carbon credits (where available) and stage of the series of reactions by a proper increasing their profit margins. CleanHydro 5.2 Hydrogen: The fuel of the future Our reactors will not only provide hydrogen and carbonate but also relatively pure nitrogen. The mixed gases (N2+H2) can be directly used in ammonia plants, or the gases can be separated for selling as needed. Most contaminants occurring in coal or gas are removed in the final reactor as solids. The carbonate may be recrystallized for purification. To date, nobody has seen the potential of combining the two methods, namely the carbonation of CO2 and the production of hydrogen by the steam-methane-reformation technique. At present, there is no competitive process to achieve what we are proposing. And there are no full-scale plants in operation that can produce hydrogen without carbon emission and, at the same time, sequester CO2. CleanHydro 5.3 Hydrogen: The fuel of the future Although there are a few comparable technologies on the horizon, technologies to produce hydrogen without carbons are nonexistent or, at best in infancy without proof of a final product. modified steam-methane-reformation (SMR) reaction, the future is available to us all, now! There are many hydrogen production plants all over the world who may opt to modify their plants or build new ones as the demand for hydrogen grows. The carbon sequestration technologies are practically in the same stages of development as our reactor technology, but without many The commercial potential around the world for hydrogen produced using our method is of the benefits our reactors offer. already massive, and is growing daily. Hydrogen is considered as the fuel of the future but, thanks to CleanHydro and our Can you afford to ignore it? CleanHydro Hydrogen Production with zero carbon emissions CleanHydro 6.0 Science that works CleanHydro 6.1 Science that works CleanHydro offer three types of reactors: I CLEANHYDRO REACTOR I Hydrogen production with zero emission using coal or methane (natural gas). This reactor type requires easy access to caustic soda, coal* or methane and water, *Coal may be replaced by other forms of fossil fuel CleanHydro Reactor I produces hydrogen without any carbon emission, as well as other industrially useful products which can then be sold on for additional profit. Coal to hydrogen 1.5 C T=925 C H2 + 4 CO+ 5.6 N2 Heat = 662kJ Heat = -614kJ 5.6 N 2 + 2.5 C+H2 O+1.5 CO 2 8 NaOH+ H2 + 4 CO + 5.6 N2= 4 Na2 CO3 +5 H2 T = 925 C T= 425 C 5.6 N 2 + 5 H2 Heat recovery 1.5 CO 2 4 atm Heat to other applications Heat Heat = -590 kJ 1.5 C + 5.6 N2 + 1.5 O2 Soda for purification Cooling hydrogen -59 kJ Cooling carbonate -231 kJ Cooling notrogen -67 kJ CleanHydro 6.2 Science that works CleanHydro offer four types of reactors: I CLEANHYDRO REACTOR II Hydrogen production with zero emission using methane (requires natural gas and a proprietary reactant). CleanHydro 6.6 Science that works: CleanHydroReactor II CH4 H2 Heat required To ammonia plant N2+H2 CH4+CO2+N2+H20 High pressure and temperature Steam +CO2+N2 Heat evolved Heat NaOH+H2+CO+N2 = Na2CO3+N2+H2 Heat produced CH4+air Heat recovery from Cooling hydrogen Cooling soda Cooling nitrogen N2 Heat recovery Heat to other applications Soda for purification CleanHydro 6.3 Science that works CleanHydro offer four types of reactors: I CLEANHYDRO REACTOR III Hydrogen production combining carbon sequestration Similar to Reactor I, this process requires CO2/CO from any plant burning fossil fuel and caustic soda, coal or methane and water. This reactor is not a zero emissions plant, but will dramatically reduce the CO2 emission from industrial plants currently releasing CO2 into the atmosphere; the use of hydrogen as an energy source further helps in reducing carbon emissions. Combining hydrogen production with carbon sequestration NaOH +H2O Membrane Coke Purification CO Heat exchanger C + CO2 = 2CO 2 NaOH (c) + CO(g) = Na2CO3 (c) + 2 H2(g) Soda ash + other solids CleanHydro 6.7 Science that works CleanHydro offer four types of reactors: I SOLAR HYDRO Distributed energy based on hydrogen storage and solar heating Finally we have planned the use of hydrogen with a hydrogen storage material that can be distributed to remote areas and used with solar heating to generate hydrogen for any energy use anywhere (such as the Bloom energy fuel cell box) CleanHydro 6.8 Science that works: CleanHydroSolarHydro Hydride container 0.40.4 cubic3 meter Daily hydride H2 Oxygen from air Catalyst Catalyst Proton Exchange Membrane Recycle NB Any fuel stack (such as the Bloom Energy Box) can be used Electrical Current Exhaust Fig.2. A solar-hydro house with a hydride container of 0.4x0.4x0.4 meter which would accommodate hydride for a week’s supply. Portion of this hydride is fed into a smaller container for daily release of hydrogen which may be fed to a fuel cell for use in the non sunshine hours. Hydrogen may also be used for many other house-hold uses. CleanHydro Hydrogen Production with zero carbon emissions CleanHydro 7.0 Reaping the rewards The rewards of installing a CleanHydro reactor, both environmentally and commercially, are substantial. Environmentally, by reducing carbon emissions we reduce greenhouse gases and slow down global warming. Commercially, hydrogen can be produced at competitive rates with plants that retrofit a CleanHydro reactor reclaiming their costs – and increasing their profits – within twelve months. The long term profit figures could potentially be $millions. Carbon credits alone could generate $billions, with current levels in teh US being taxed at $30 per ton of carbon. CleanHydro 7.1 Reaping the rewards The opportunity is currently open to all investors and fossil fuel based plants of any type (power plants, cement plants, steel plants). Chlor-alkali plant owners will benefit by the profitable sale of the products from the retrofitted reactors and by significant reduction in carbon emission. Those who wish to build hydrogen gas plants may use the Cleanhydro Reactor I or Cleanhydro Reactor III. Hydrogen can produced for the same price (or less) as the techniques currently used by coal gasification and the steam-methane-reformation (SMR), but without any CO2 emission. CleanHydro 7.2 Reaping the rewards By embracing the Cleanhydro technology you will give yourself a competitive advantage. Our reactors are of a flexible design such that the amount of products can be adjusted to market conditions. An investment in CleanHydro™ Reactor Technology will quickly result in a profitable and scalable business that will produce low-cost and emission-free hydrogen, pervasively, through a modular approach. CleanHydro 7.3 Reaping the rewards In addition, our CleanHydro reactors sequester carbon dioxide into safe and environmentally friendly byproducts that are currently in great demand around the world in the industrial marketplace. The reactor can use the reactions flexibly and produce hydrogen with or without carbonate or carbonate and bicarbonate without hydrogen. Currently, the production of caustic soda is very energy intensive, producing emissions if fossil fuels are involved. Our reactors convert already produced caustic soda into carbonate – an ideal solution for many of the world’s existing power plants. CleanHydro 7.4 Reaping the rewards Currently, to achieve 9102kWh of energy we must burn 1 tonne of coal, producing 3.7million tonnes of CO2. This much energy can be produced with just 0.23 tonnes of hydrogen. By replacing a tonne of coal with hydrogen, we can save 16 tonnes of carbon emission. A CleanHydro reactor producing 4 tonnes of hydrogen each hour will therefore avoid producing an annual emission of 560,460 tonnes per year. At today’s rate of $30 carbon credit, that will generate an income for the plant owner of $16,819,200 – each year. CleanHydro 7.5 Reaping the rewards I Low capital expenditure to convert existing infrastructure I High profit margins I Additional revenue stream through selling existing waste products I Carbon credits traded on commodity markets I Additional source of revenue through growth potential of hydrogen as a real alternative, green fuel I Quick return on investment through reactor income sources with full outlay recovered within 24 months. CleanHydro 8.0 CleanHydro A partnership that works CleanHydro 6.0 CleanHydro A partnership that works Cleanhydro Inc. is a company founded by Prof. S.K. Saxena Ph.D. in co-operation with the Center for the Study of Matter at Extreme Conditions at the Florida International University. Prof. Saxena is the technology creator and patent holder of CleanHydro™. He currently holds the position of Professor and Director, Center for the Study of Matter at Extreme Conditions, College of Engineering & Computing, Florida International University. Dr. Saxena has been driving the CleanHydro™ project for over five years. Prof. Saxena’s experienced and dedicated team include Andriy Durygin, Ph.D. (Chief Physicist), Vadym Drozd, Ph.D. (Chief Chemist); Dr. Hari Abarjith (Chemical Engineer), S. Kumar: BE (Chemical Engineer) and R. Hrubiak: BE (Electrical Engineer). The Board of Advisors include Dr. A. Mirmiran, Dean, College of Engineering, Florida International University; Dr. Tom Breslin, Professor and University Senate Chair, Florida International University; Dr. V. Prasad,Vice President for Research and Development, University of North Texas, Denton, TX; J. White, Esqr Attorney, Boca Raton; George Fantazopoulos, Titan America, Florida. CleanHydro 8.1 CleanHydro A partnership that works CleanHydro’s dedicated team of scientists and specialists will work with all hydrogen plant owners or others who may be interested in carbon emission free hydrogen production. Once CleanHydro has shown proof of concept we will begin marketing the hydrogen production with CCS technology to major hydrogen producers as well as automakers and home and industrial users that see hydrogen as an alternative to current fossil fuels. Our strategy is to license the technology to companies for a flat fee of $1.2 million per reactor. Based on our projections this should provide a payback of around two years for plant owners. As we move closer to outlicensing technology we will hire experienced experts and contacts to sell the technology. To show proof we need to build a demo plant at an estimated cost of $3 million. This will be the world’s first, out-of-the-lab reactor to demonstrate commercial application of our patented technology. CleanHydro 8.2 CleanHydro A partnership that works Once the Demo Plant has been built and the pilot step completed, CleanHydro will proceed to the development of an Industrial Sized Pilot Plant, producing 9,000 tonnes of Hydrogen annually. Our projections confidently predict that investors and plant owners will see a return within a very short time frame, with CleanHydro licensing its technology to enduser industrial plants. The reactor cost is estimated at between $20-$30 million. With gross profits within the first year alone estimated at being between $17-$30 million the initial outlay will be recouped within 24 months. This will be achieved by the sale of hydrogen, its by-products and the value of carbon credits. With annual licensing fees, brokerage of hydrogen, carbonate byproducts and carbon credits, annual operations and consultancy fees, there has never been such a good opportunity to become involved with a company that is set to revolutionise the way we produce and supply the world’s energy. Cleanhydro Investment opportunity Demo Plant • $3 tp $5 million to complete the design and the assembly of a compact CleanHydro™ out-of-the-lab reactor to demonstrate commercial application of the technology as the first (Pilot Plant) step to an industrial sized system and a scalable business model. Industrial Size Pilot Plant: (produces 35.000 tonnes H2 annually) • The average CleanHydro industrial system will produce approximately 35,000 tonness of hydrogen annually with the following financial results: • Reactor Cost: $30 Million (1 yr payback) (includes coal contaminant separator) • Gross Profit: $41,000,000 (annual sale of hydrogen, byproducts & carbon credits) Expenses: $ 2,500,000 – maintenance $ 2,000,000 – labor + burden $ 1,750,000 – G&A and other • Annual EBITDA: $82,000,000 CleanHydro Q&A Session with Professor Surendra Saxena Ph.D. Center for the Study of Matter at Extreme Conditions, College of Engineering & Computing, Florida International University, Miami, FL 33199,USA