Bullboard - Stock Discussion Forum Jericho Energy Ventures Inc JROOF

Primary Symbol: V.JEV

Energy Oil & Gas E&P

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... see more

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Jericho Energy Ventures Inc > Report - Steam Boiler Market Size Is Set To Fly High

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Post by TruthSeek101 on Mar 07, 2023 2:58pm

Report - Steam Boiler Market Size Is Set To Fly High

Looks 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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