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Jericho Energy Ventures Inc V.JEV

Alternate Symbol(s):  JROOF

Jericho Energy Ventures Inc. is a Canada-based energy company. The Company is engaged in owning, operating and developing both traditional hydrocarbon joint venture (JV) assets and advancing the low-carbon energy transition, with active investments in hydrogen. The Company’s principal activity is acquisition, exploration, development and production of oil and natural gas fields in the United States of America. The Company’s wholly owned subsidiary, Hydrogen Technologies LLC (HT), offers a clean, zero-emission energy solution for the commercial and industrial boiler market. There are a wide range of applications for its cleanH2steam DCC Boiler, which work much like traditional commercial heat, hot water and industrial steam boilers. It is used in various commercial applications, such as shopping malls, universities, airports, hotels, and others. It also used in various heavy industry applications, such refining and petrochemical, pulp and paper, chemical and pharma, among others.


TSXV:JEV - Post by User

Post by TruthSeek101on Mar 07, 2023 2:58pm
117 Views
Post# 35324291

Report - Steam Boiler Market Size Is Set To Fly High

Report - Steam Boiler Market Size Is Set To Fly HighLooks like JEV is in a massive, high growth market with its DCC steam boilers, which has more than 95% efficiency. 

"The global steam boiler market was valued at $15.6 billion in 2019, and is projected to reach $20.0 billion by 2027, growing at a CAGR of 3.3% from 2020 to 2027. Steam boiler, also known as steam generator, is a component that generates steam from water by application of heat. The general efficiency of a steam boiler is 80% - 90%. This efficiency is attributed to some losses occurred due to incomplete combustion, radiation loss, and other heating losses. The steam generated by a steam boiler is utilized in producing power, industrial applications, and heating applications."


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