• Environmentally Responsible

    A Renewable and Natural Energy Source

Environmentally Responsible

A Renewable and Natural Energy Source

Letter from the Chairman

Energy is a “quantitative business,” with the daily worldwide energy consumption currently estimated at 13 to 14 terawatts; the equivalent of 200 to 210 million barrels of oil per day. The United States Energy Information Administration (EIA) forecasts our energy needs will increase by 56% by the year 2040; less than two decades away.

In a list of humanity’s most pressing problems, energy rises to the top, because of its ability to provide solutions to many of the other societal problems such as water, environment, and poverty. Unlike energy, there are no other items on this list, which can generate answers. Energy is unique not only from the perspective that it has the ability to give us answers to most other problems; energy is one of the few problems which we can positively impact with technological developments.

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OUR STORY

The company began research and development approximately a decade ago as Conventus. We recently changed our name to Ethic Energy to better reflect our core business and vision as the company transitions from R&D to commercialization.

The company’s first objectives were to determine if it was technically possible, and economically feasible to commercialize a “disruptive” technology that had the potential to revolutionize both the energy and chemical sectors.  After determining it was technically possible, the next objective was to determine the economic feasibility.

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MILESTONES

2008

Year Established

2010

First successful
demonstration lab
scale reactor

2017

Research & Development
complete

2018

Commercialization

2022

Private Funding Secured

2023

Construction of 150,000 bls/d /
32.8-gigawatt plant to begin in 2023

ROADMAP TO ENERGY SUSTAINABILITY

The world faces an Energy Trilemma warns the International Energy Agency. “Security, Sustainability, and Economic Prosperity – this is the classic Energy Trilemma that we as humanity face”. “Access to modern energy — a basic form of energy security — continues to elude almost a fifth of the world’s population,” noted IEA executive director Maria van der Hoeven on the report’s launch. “For billions more, any true sense of energy security is undermined by high energy prices.”

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2040 ENERGY OUTLOOK

Energy is a “quantitative business,” with daily worldwide energy consumption currently estimated at 13 to 14 terawatts, which is the equivalent of 200 to 210 million barrels of oil per day.

The United States Energy Information Agency (September of 2017) estimates that we will require over twice (56%) the amount of energy in the year 2040, as we do today; as reported by the EIA in “A International Energy Outlook”; release date September 2017.

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