We are at a turning point in history.
Like the colossal global oil industry that started in the early 1900s. We are now on the verge of our greatest innovation in decades. We are in the earliest stage of another potential world-altering energy revolution with just as much growth potential. Many fortunes will be made along the way.
The growing demand for energy has led to the increased use of fossil resources which have caused serious pollution problems that have been detrimental to human health, and climatic changes as a result of greenhouse gases. The level of pollutants from fossil fuels and the harvesting of it is not sustainable for the future of the world and the generations of people to come. The implementation of alternative clean fuels is needed now more than ever.
It is estimated that the world consumes more than 94 million barrels of oil per day. The world's proven reserves are equivalent to about 46.6 times its annual consumption levels, meaning that the Earth has roughly 53 years of oil left at the current consumption levels.
Still there are many parts of the world that have shortages or limited supplies of fuels. The share of the global population without access to clean cooking fuels and technologies was 66 percent in 2019, leaving almost three billion people or one-third of the global population without access. Current trends suggest that unless rapid action is taken to scale up clean cooking, the world will fall short of the universal access target for clean cooking by almost 30 percent, achieving only 72 percent of the population in 2030. The European Union faces a potential shortfall of almost 30 billion cubic meters of natural gas in 2023.
Governments have been studying various decarbonization pathways to achieve net zero emissions while strengthening energy security such as the production and use of hydrogen.
The demand for hydrogen reached an estimated 87 million metric tons (MT) in 2020, and is expected to grow to 500–680 million MT by 2050.
As of 2020, the majority of hydrogen (∼95%) is produced from fossil fuels by steam reforming of natural gas and other light hydrocarbons, partial oxidation of heavier hydrocarbons, and coal gasification.
There are four main sources for the commercial production of hydrogen: natural gas, oil, coal, and electrolysis, which account for 48%, 30%, 18% and 4% of the world's hydrogen production respectively. Electrolysis, only accounting for 4% of commercial production of hydrogen, is currently the only truly available green solution.
We at Icarus Energy H2O have developed a revolutionary way to meet the demands of a new cost-effective 100% clean, globally accessible, green hydrogen-based fuel sourced from water that will alleviate the worlds dependency on fossil fuels. And since 70% of the world is covered in water, there’s no shortage for the harvesting of our fuel. Our proprietary technology involves a slightly complex yet inexpensive way to produce synthetic hydrogen-based fuels.
Unlike the harvesting of lithium, where the extraction inevitably harms the soil and causes air contamination, the manufacturing and use of our fuel is clean and safe.
We have developed a portable fueling station that can produce hundreds of gallons of fuel per day. It can be stationed at home or any location with an electrical source such as solar, wind, batteries or from the power company to produce on-demand fuel or to be stored for later use. If combined with solar panels or wind the cost of the fuel production is free. Or, if grid power is used exclusively for our power needs, we estimate that it would cost less to produce enough of our fuel to equal one gallon of gasoline.
The initial target uses for our fuel, but not limited to, transportation, home heating cooking, and energy storage. Today, since vehicles and homes are already designed to run on Propane and Natural Gas, the infrastructure already exists for a smooth transition.
The global hydrogen generation market in terms of revenue was estimated to be worth $160.0 billion in 2022 and is poised to reach $263.5 billion by 2027, growing at a CAGR of 10.5% from 2022 to 2027.
Since our fuel comes from water and the byproduct of our fuel is water, we can make an impact immediately to remove the carbon footprint from the world. The use of oil as a fuel is antiquated and limited. With a world full of oceans and a fuel that transitions back into water, humanity will not be held hostage by the limited resource of oil.
As government pressure ramps up on alternative solutions, Icarus Energy H2O is ready to meet the needs.
Energy Policy Act of 1992
Enacted October 24, 1992
The Energy Policy Act (EPAct) of 1992 (Public Law 102-486(PDF)) aims to reduce U.S. dependence on petroleum and improve air quality by addressing all aspects of energy supply and demand, including alternative fuels, renewable energy, and energy efficiency. EPAct 1992 encourages the use of alternative fuels through both regulatory and voluntary activities and approaches the U.S. Department of Energy (DOE) carries out. It requires federal, state, and alternative fuel provider fleets to acquire alternative fuel vehicles.
Our solar kits will give you the ability to create and store gallons of fuel a day use for heat, cooking or fuel.
Creates limitless on demand fuel for furnace, cooking and automotive use.