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With the IEA Seeking to Ban Oil and Gas Boilers…

Meet the Hydrogen Boiler Company that Could Revolutionize a Potential $30 Billion Market…

Plus, Learn Why Jericho Energy Ventures Made a 1,120% Run Over the Last Year

Hydrogen could be one of the most explosive stories of 2022.

In fact, with countries all over the world pledging to reduce emissions, “Hydrogen would be necessary for the world’s largest emitters – the US, China, and Europe – to achieve net-zero climate targets by 2050 – 2060 by decarbonizing hard to abate industries,” as reported by Energy Global. (Source 2)

Goldman Sachs says hydrogen could be a $12 trillion market by 2030. (Source 3)

Even the International Energy Agency says the world still needs an investment of $1.2 trillion by 2030 to meet global net zero emission goals. (Source 4)

Look at the hydrogen boiler story for example.

Right now, oil and gas-powered boilers are being targeted by climate regulations.

The IEA, for example, wants to completely ban gas boilers over the next four years, replacing them all with hydrogen-powered boilers. (Source 1) If that happens, the Freedonia Group says global demand for central heating boilers will increase 3.5% per year to $16 billion by 2025. (Source 5)

All of which could fuel growth for Jericho Energy Ventures (TSXC:JEV)(OTC:JROOF).

In fact, Jericho, which envisions a transition towards affordable, accessible and resilient clean energy, is heavily invested in a patented hydrogen-based Heat and Steam Boiler that could help decarbonize the potential $30 billion boiler market. (Source 6)

Here’s Part of the Current Problem

1. Traditional water heating, steam generation, and CHP [Combined Heat & Power] market appears to have been powered by fossil fuel for approximately 100 years and producing harmful Carbon Dioxide (CO2), nitrogen oxides (NOx), and sulfur dioxide (SO2) emissions. (Source 7)

2. Globally, roughly 85% of all Industrial Boilers emit harmful greenhouse gas emissions (GHG), with approximately 35% of the Industrial Boiler install base still powered by coal. (Source 8)

3. Fossil fuel-fired boilers are extremely carbon intensive and are ubiquitous in commercial and industrial markets. (Source 9) It’s part of the reason we appear to be starting to see a shift towards hydrogen fuel. This is also where Jericho Energy Ventures could come into play – with its Dynamic Combustion Chamber (DCC) boiler solution, which claims to provide zero emissions while remaining cost-competitive with traditional hydrocarbon boiler systems.

The 10 Top Reasons to Consider Jericho Energy Ventures

1. Hydrogen is one of the most abundant and simple elements on earth. (9)

2. Hydrogen is a clean-burning, zero-emission fuel for storing and releasing energy. (9)

3. Hydrogen could have a large and growing addressable market. In fact, about 45% of energy-related greenhouse gasses could be decarbonized. (9)

4. Hydrogen could make up about 18% to 24% of final global energy demand by 2050. (9)

5. Hydrogen could be worth up to approximately $11 trillion with direct and indirect infrastructure spend. (9)

6. Hydrogen could have a total addressable market of about $2.5 trillion by 2050. (9) 7. Goldman Sachs once referred to the hydrogen space as once in a lifetime, believing its addressable market could be approximately $12 trillion in 30 years. (3)

8. Analysts at Bank of America claim that the industry could be worth roughly $11 trillion by 2050. (10)

9. Jericho Energy Ventures claims that its patented zero-emissions Dynamic Combustion Chamber (DCC) boiler system could help decarbonize the potential $30 billion global commercial and industrial heating industry. (11)

10. According to market research, the C&I market for boilers may grow between about 5 to 7% per year over the next seven years, with low and zero-carbon solutions expected to outpace commercial markets for heat or hot water as an end-use. (11)

Jericho Energy Seeing Substantial Demand for its Zero-emissions, Hydrogen-based, cleanH2steam Dynamic Combustion Chamber boiler

As noted by the company: (12)

• Jericho Energy has had ongoing discussions with a roster of potential customers that are large consumers of heat and steam for space heat, hot water, high-quality process steam and high-pressure steam for Combined Heat & Power applications. Steam intensive industries that aim to decarbonize their processes are inquiring about the DCC™, including companies focused on basic Chemicals and Petrochemicals as well as Food and Beverage processing.

• Over 57% of the food and beverage processing industries’ carbon emissions come from high utilization of steam for sterilization, disinfecting, reducing microbiological risks in addition to cooking, curing and drying. Reducing their emissions, means reducing their reliance on emissions-based boilers.

• The second source of inbound demand has largely come from customers and energy consultants focused on the Power and Utility markets, where the DCC™ can be utilized to create high-pressure steam for a turbine to run in a Combined Heat and Power plant setting. Hydrogen’s ability to be a store of energy and be separate from the DCC™ system allows customers to take advantage of favorable power pricing during off-peak hours or when renewable power sources generate excess power supply to produce the hydrogen input fuel – creating a favorable economic proposition.


Jericho Energy Ventures (TSXC:JEV)(OTC:JROOF) Has an Explosive Chart History
Over the last year and a half, shares of Jericho Energy ran from a low of about 10 cents in August 2020 to a high of about $1.22 in February 2021 – good for a move of about 1,120%. While the stock has since pulled back to about 60 cents, there’s still a good deal of potential opportunity. (13) chart Remember, the IEA for example wants to completely ban gas boilers over the next four years, replacing them all with hydrogen-powered boilers. If that happens, the Freedonia Group says global demand for central heating boilers will increase 3.5% per year to $16 billion by 2025.

How Much of a Game-Changer Could Hydrogen Power Be?

Zero

Dynamic Combustion Chamber Could be Revolutionary

The patented DCC can be potentially used for various commercial and industrial applications and generate zero-emission electricity when combined with a turbine genset in CHP applications. Efficient

A Quick Look at the Patented Technology

· DCC Combustion can potentially produce an exothermic reaction between pure hydrogen and pure oxygen (the combustion oxidizer) by creating only local reaction heat and water (as hydrogen burns in the ultraviolet range). (14)

· Water may immediately flash to superheated steam in this 5,080oF / 2,804oC environment, encountering the boiler tubes, effectively transferring heat to the boiler shell to potentially create cycle steam for heat and power. (14)

· Conventional systems seem to utilize the flame (burning in the infrared) and hot gasses to transfer the energy to cycle steam and then exit back to the atmosphere via a smokestack, losing valuable energy and emitting CO2, NOx, and SOx. (14)

· This fundamental condensing characteristic of the DCC process and natural vacuum formed from steam condensation within the exchanger tubes may capture virtually all the reaction heat (accounting for potentially more than 97% efficiency)

· Acts as a natural process barrier to hydrogen and the effects of embrittlement.

· Requires no smokestack and thus no need for FD or ID fans, lowering parasitic load (increasing efficiency) and O&M costs.

Jericho Energy Ventures is Led by a Powerhouse Team

Brian Williamson

CEO and President
Brian Williamson has been a part of the energy industry since 1995. Mr. Williamson, in his role as CEO, is responsible for the overall vision, direction and corporate strategy of Jericho. Day to day, he spends his time working with Jericho's leadership team sourcing, evaluating and developing the company's oil and gas assets and capital market activities. Mr. Williamson began his career at Arthur Andersen as part of its Tax and Business Advisory Services Practice.

Ben-Holman

Ben Holman

Chief Financial Officer
Mr. Holman, based in Tulsa, Oklahoma, has more than 17 years’ experience in accounting and business administration in the oil and gas industry, including senior positions at Apco Oil and Gas International Inc., a former subsidiary of The Williams Companies and WPX Energy. He has been working with Jericho at its Tulsa operational headquarters since November 2017.

Jericho-360-BW-5-RB

Ryan Breen

Head of Corporate Strategy
Ryan is the Head of Corporate Strategy based in Philadelphia, PA. He has been with Jericho since inception and is responsible for financial modeling, due diligence, structuring and execution as well as new investments and capital formation and lending activities. He has completed transactions totaling over $100 million.

Tony Blancato

Director of Business Development and Marketing
As Director of Business Development & Marketing, Tony has been a part of the Jericho Team since its origination in 2014. Tony spearheads new shareholder opportunities while bringing over 25 years of extensive sales experience. He has the distinctive ability to utilize communication skills and marketing expertise to develop and maintain healthy relations with current shareholders, the investment community, and other constituencies.

Allen

Allen Wilson

Director
Allen is Director and also the founder of the Company. He brings extensive capital markets and corporate development experience to Jericho and possesses a far-reaching network of relationships across North America and Europe. Allen has been a successful investor, fundraiser and business development strategist for the past 20 years, working with emerging micro-cap companies across multiple industries. Based in the United Kingdom, Allen is also a Director of London Based Regents Park Securities.

Adam

Adam Rabiner

Director of Investor Relations
Adam has more than 20 years’ experience in investor relations and marketing communications. Prior to joining Jericho in 2014, Adam was Managing Director of Sequoia Partners Inc., a boutique capital markets advisory firm to public and private companies across multiple sectors. He is a former award-winning journalist and holds a B.A. in Political Science from the University of British Columbia.

To Recap:

Hydrogen could be one of the most explosive stories of 2022.

In fact, with countries all over the world pledging to reduce emissions, “Hydrogen would be necessary for the world’s largest emitters – the US, China, and Europe – to achieve net-zero climate targets by 2050 – 2060 by decarbonizing hard to abate industries,” says Energy Global.

Goldman Sachs says hydrogen could be a $12 trillion market by 2030.

Even the International Energy Agency says the world still needs an investment of $1.2 trillion by 2030 to meet global net zero emission goals.

Look at the hydrogen boiler story for example.

Right now, oil and gas-powered boilers are being targeted by climate regulations.

The IEA for example wants to completely ban gas boilers over the next four years, replacing them all with hydrogen-powered boilers. If that happens, the Freedonia Group says global demand for central heating boilers will increase 3.5% per year to $16 billion by 2025.

All of which could potentially fuel growth for Jericho Energy Ventures (TSXC:JEV)(OTC:JROOF).

Source 1: https://www.bbc.com/news/science-environment-57149059

Source 2: https://www.energyglobal.com/other-renewables/25052021/bloomberg-intelligence-releases-new-report-on-hydrogen-revolution/

Source 3: https://www.barrons.com/articles/goldman-sachs-says-so-called-green-hydrogen-will-become-a-12-trillion-market-heres-how-to-play-it-51600860476

Source 4: https://www.iea.org/reports/net-zero-by-2050

Source 5: https://www.prnewswire.com/news-releases/is-hydrogen-power-the-future-of-the-boiler-industry-301399690.html

Source 6: https://www.globenewswire.com/en/news-release/2020/01/22/1973512/0/en/Combi-Boiler-Market-value-to-hit-30-billion-by-2026-Says-Global-Market-Insights-Inc.html

Source 7: https://www.globenewswire.com/news-release/2021/01/23/2163108/0/en/Jericho-Expands-Energy-Portfolio-with-Agreement-for-the-Acquisition-of-Hydrogen-Technology.html

Source 8: https://fuelcellsworks.com/news/jericho-expands-energy-portfolio-with-agreement-for-the-acquisition-of-hydrogen-technology/

Source 9: https://jerichoenergyventures.com/wp-content/uploads/2021/10/Jericho-Energy-Ventures-Corporate-Presentation_v10_21.pdf

Source 10: https://www.cnbc.com/2020/09/27/hydrogen-is-at-a-tipping-point-with-11-trillion-market-set-to-explode-says-bank-of-america.html

Source 11: https://www.globenewswire.com/news-release/2021/01/23/2163108/0/en/Jericho-Expands-Energy-Portfolio-with-Agreement-for-the-Acquisition-of-Hydrogen-Technology.html

Source 12: https://irdirect.net/prviewer/release_only/id/4682140

Source 13: https://stockcharts.com/h-sc/ui?s=JEV.V

Source 14: https://hydrogentechnologiesinc.com/wp-content/uploads/sites/2/2021/02/Hydrogen-Technologies-Inc-Corporate-Presentation_vOutMASTER.pdf

Company Information

Jericho Energy Ventures is focused on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture and new energy systems.
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