H₂ AND POWER EFFICIENCIES

H2 AND POWER EFFICIENCIES

IEP is also looking to develop additional infrastructure for hydrogen hub ventures. The company plans to use its expertise in CO₂ to develop commercial infrastructure projects where hydrogen is mixed in the natural gas streams at certain points to realize greater energy efficiencies and downstream decarbonization. The power from captured flared natural gas can be used for industrial electrification to support large-volume CO₂/water injection wells, or residential utility customers. A large amount of power can be created by the innovative process IEP would like to implement. Applicable to hundreds of natural gas processing plants, commercial volumes of hydrogen are created and electric power efficiencies are realized. Greater efficiencies towards electric power generation from natural gas are created. IEP has found the importance of managing the over-pressure in certain segments of facilities. Pure CO₂ can be stored or used to recover oil. IEP believes the technology will benefit the downstream efficiency of certain solar and wind projects used for electricity. In terms of electrification and clean energy transition, IEP considers this as a process that could be revolutionary.