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. From this stage, the company began research and development building its first lab scale reactor approximately eight years ago; as each research and development milestone was achieved, the funding increased leading to a successful demonstration of a pre-commercialization scale reactor, and then to today’s achievement – a commercial scale reactor. Today research and development is complete.
It makes sense to use our own natural resources and the cleanest and most abundant energy source we have around the globe is natural gas. Current global natural gas reserves total approximately 6,100 trillion cubic feet (tcf), according to EIA estimates.
Research & Development
Private Funding Secured
Construction of 150,000 bls/d /
32.8-gigawatt plant to begin in 2023