Benefits
- Low CapEx - $5 million for 10 MMBtu/hr
- Low-cost hydrogen production costs ~$0.50 kg
- ~930°F high-quality steam delivered in hydrocarbon formation
- In-situ thermal cracking the hydrocarbon chain releases hydrogen gas
- Hydrogen gas produced from an in-situ underground reaction vessel
- Off-the-shelf proven equipment
- Hydrocarbons include natural gas, coal, shale oil, heavy oil, oilsands, and light oil
- Hydrogen gas operates the zero-emission eSteam system
- No competition producing H2 from subterranean hydrocarbon formations
- Generates carbon credit revenue
- Qualifies for IRA hydrogen tax credit of $3/kg
- Qualifies for California’s Low Carbon tax credit
- Qualifies for Canada's hydrogen tax credit
- Achieves ESG goals
- Patent issued