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Investing in HyWay 1 is great,
both for your wallet and the environment.
"Imagination
is more important than knowledge, for knowledge is limited, whereas
imagination
embraces
the entire world - stimulating progress, giving birth to evolution." -
Albert Einstein
I
partly disagree. I think both knowledge and imagination are equally
important;
Knowledge
without imagination leads nowhere. Imagination without knowledge can lead
to
disaster, but knowledge together with imagination have no
boundaries. - Peter Storm
We are
just in the beginning of a very exciting future. There are already hydrogen
filling stations in many major cities around the world. In ten-fifteen
years most of the cars will run on hydrogen. New cars by fuel cells and
little older by converted gasoline and diesel engines. A few new car models
will have new internal combustion engines (ICE) specifically engineered for
hydrogen. This, I think, has very good potential, since the compression
ratio can be 22:1 in a hydrogen engine (compared to 10:1 in a gasoline
engine and 18:1 in a diesel engine), thereby increase the efficiency
dramatically. Hydrogen can also be used to power and heat your house.
Hopefully ships, ferries, boats, trucks and airplanes will be fueled by
hydrogen as well.
Because
of global warming and other environmental effects many governments around
the world will put laws in place to support hydrogen and discourage further
use of oil-based fuels.That is just a couple of years away. We expect
Iceland, many EU countries, some US states and Canada to be first, but very
soon many others will follow, since continued oil-burning is destroying the
environment and threatens many cities around the world.
People
will not stand idle by and let this happen. They will put pressure on their
politicians to do something. Most likely, that will pave our way into the
stock exchange. Our electrolyzers will sell like hot-cakes. To cars, homes,
small businesses and filling stations.
The
picture to the left shows an air-plane with a Ford H2-ICE It can cruise on
altitudes of up to 65,000 feet (20,000 meters) and stay in the air for five
days without refueling! That's impressive.
The
new laws that will be implemented might be different for different
countries but all will support hydrogen, since anything else would be
political suicide. News in all forms is bringing up the climate change, TV,
radio, news papers and even films...
We are
no "Eco Geeks", far from it, but the situation is very serious
and it is very important for us to get this message across, because the
willingness to switch to hydrogen or invest in this increases with raised
awareness.
EU, Iceland,
Canada and California has made
most progress so far in developing hydrogen as a fuel. In the EU there is a
H2 network (picture left) and something similar is being built in California. Although
it will only be in use for about 5 - 10 years before it is obsolete, at
least it will move the hydrogen economy forward.
When
our way of producing hydrogen becomes known, most hydrogen will be produced
locally at filling stations, homes and businesses and the HyWays, but not
HyWay 1, will become obsolete. The cost of the infrastructure has been one
big obstacle against developing the hydrogen economy. Since the
infrastructure isn't really needed, we hope that the development will take
a big leap forward.
Now we
are looking for some investors who go into this project very early. The
business-idea is to produce hydrogen in the best way possible using only
renewable energy sources like solar, wind and water power.
Since
I'm a power plant engineer, I don't find that part difficult. The real
challenge was to get hydrogen from water at really low price. Everybody can
get hydrogen from water. That's basic, but most people don't know how to
extract it at an affordable price. Our electrolyser gives us one liter of
uncompressed hydrogen from less than 1 watthour of electricity!
That's
the key to profitable hydrogen production.
The
"secret" is that our process emits (almost) no heat. Normal electrolyse
also gives heat, which result in very inefficient production. Most electric
energy goes to heat the electrolyte, not gas production. I have constructed
an electrolyzer that uses (almost) all electric energy to produce gas.
After
6 hours of electrolyses the electrolyte is only around 35 C. A rise by only
5 degrees.
The
other "secret" is that we use our own electronics to boost the
gas flow. That's the second reason why we get far more gas per unit of
electricity.
We
know that this isn't according to mainstream thinking but I see it with my
own eyes that using a battery gives a moderate gas flow but when using the
electronics at the same voltage, the gas flow increases dramatically. This
is opposing to what is taught at colleges and universities, at least when
we went there.
These
two "secrets" are why our H2-production will be profitable.
Now we
have also an even better electric pulse generator that improves the gas
flow many times more. For the first time it is possible to drive a car on
water alone. My Jeep Grand Cherokee would need app 1,000 A at 12 V to run
the engine at 120 kph. The electronics are finished but the reactor need
some work before it works as it should. Right now the reactor gets empty
within seconds because of the huge gas flow. Nothing difficult to fix but
it will cost some money to do it. This set up can be used for stationary
hydrogen production as well reducing the cost by app 2/3. When we have
rebuilt the reactor we will apply for patents world wide. When we get a so
called patent pending we will start marketing this new invention. We
already have a few interested parties who want to buy the rights for it to
vehicles.
We are also developing a carbon based powder that absorbs hydrogen and only
requires 50 bars pressure to hold the same amount of hydrogen as gasoline,
when measuring traveling distance. It's a big difference between 50 bars
and 700 bars and this will open up the possibility for the use of hydrogen
in air traveling as well. Imagine flying from LA to Paris with zero emissions! It will also
make faster air travel possible a lot sooner since they don't have to worry
about emissions.
Truth
goes thru three stages; First it is ridiculed, then it is violently opposed
and finally it is viewed as self-evident.
So,
don't be surprised if some people ridicule and oppose the idea of cheap
hydrogen. That's only natural. This threatens their view of common hydrogen
production and of hydrogen being an expensive gas to produce. Also, why
didn't they think of it first? That's the main reasons for opposition, we
think.
The
cost is very, very low. I don't know of anyone that even come near our
figures. The best I've heard so far is 75 watthours and that's 75 times the
electricity demand of producing our hydrogen. That's why I'm confident that
this will be a success.
If
compressed 700 times to 700 bar, which seems to be the future
"standard", it still cost only 2 US cents per liter to produce!
It's not a matter of if, only when hydrogen has replaced
gasolin and other oil-based fuels. Our objective is to make that happen
sooner rather than later.
Business-wise
we have the following plan; Construct a workable electrolyser that produces
hydrogen very efficiently. In our case we also get oxygen as a profitable
by-product. This is done.
We
also plan to sell electrolyzers for cars to be used in combination with gasoline
or diesel. The fuel savings are app 50 - 70 % and the harmfull emissions
are reduced by up to 90 %. This alone will have significant impact on the
environment if enough vehicles are equipped with it. We hope that rising
fuel prices and new laws will help us there. Done!
Attract
investors and build a decent research and demonstration lab together with a
commercial hydrogen gas unit. The gas will be sold to the public generating
profit while the unit at the same time makes a perfect demonstration unit
for further investors when we go public. We will also convert a couple of
cars to hydrogen, to show how easy it is. The future filling stations will
all have work shops where cars are modified to run on hydrogen. We
are here right now.
Big or
small, all investors are welcome at this point. All investments will be
translated into shares, where US$1,000 gives you 0.0125 % of the company.
For
the investors that come on board now we offer 25 % of the company. The
investment needed at this stage is totally S$2,000,000. We expect the value
of the
shares to rise very quickly, once we've gone public. At this time, since we quickly need to get our reactor ready and
apply for patents world
wide, which isn't cheap, we are offering
20 packages of ten shares for US$5,000 each.
The planned location of the lab is Thailand, due to low labor
costs and very good weather for solar power. Wind power also works well in Thailand.
We plan our demo unit to be located in the Pattaya area due to suitable
weather, both sunshine and wind. In fact they do have a wind farm with many
wind mills on Kho Larn just outside of Pattaya. Also, Pattaya is in the
center of Eastern Seaboard, the major industrial center of Thailand.
The
idea of the demo unit and filling station will be something like this the
picture left, with the addition that we will have solar power as well as
wind mills:
When
we go public, we intend to mass-produce the electrolyzers.
There
will be three types; One that fit into a car and produce hydrogen
on-the-fly. By this time, the electrolyzer together with electronics will
be sufficient to run a car or truck without any other fuel. The second type
will be for households and small businesses making gas for heating, power
and vehicles. These two can easily be built to any desired capacity. The
third one will be for filling stations.
Finally,
We will set up filling stations ourselves in combination with conversion
shops where we convert vehicles to run on hydrogen
The
planned head office for this enterprise is still not decided. It depends
where we start but right now northern Europe
seems most likely.
The
time-frame we work after is like this:
First,
we get enough knowledge to determine which method is the most efficient to
extract hydrogen from water and then we master that
method completely. - In this
case electrolysis. Done !
Second, we build an electrolyzer
that works with gasoline or diesel in a car. Done!
Third, design an elektrolyzer
that will give hydrogen and oxygen separately at low cost. Done!
This
has also been further developed so the electronics are now sufficient to
run a car on water alone but we
need to make a new
reactor. The one we have becomes empty within seconds after the power is
turned on.
We will apply for patents in all important countries and then we will sell
the rights to some car parts manufacturers. Pending!
Fourth, we start looking for
investors. We are here right now.
Fifth, we build a small demo
unit and at the same time start selling hydrogen gas to the public. We also
plan to convert a couple of cars to hydrogen,
so
people see how easy it is. This unit and the cars will serve as a magnet
for smaller investors.
Sixth, start producing large
units for filling stations, while possibly at the same time starting to buy
existing gas stations and convert them to our own
hydrogen
filling stations under the name HyWay 1.
If you
have any questions, suggestions, or want to invest, please send me an
e-mail; peter@hyway1.com or give me a call: +66 - 81 190 6750.
You
might have to try a few times to get through. I speak Swedish, English and Thai. I also
understand German, Norwegian and Danish.
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