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Jericho Energy Ventures' Hydrogen Technologies Clinches New Patent for DCC(TM) Hydrogen Boiler, Expanding Its IP Portfolio
TULSA, OK and VANCOUVER, BC / ACCESSWIRE / September 12, 2023 / Jericho Energy Ventures Inc. ...
About this update from Jericho Energy Ventures Inc
[{"type":"text","content":"Jericho Energy Ventures' Hydrogen Technologies Clinches New Patent for DCC(TM) Hydrogen Boiler, Expanding Its IP PortfolioTULSA, OK and VANCOUVER, BC / ACCESSWIRE / September 12, 2023 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC PINK:JROOF)(FRA:JLM) (\"Jericho\", \"JEV\" or the \"Company\") is pleased to announce that the US Patent and Trademark Office (US PTO) has allowed a new patent for the state-of-the-art, zero-emission DCC™ hydrogen-fueled steam boiler, developed by its wholly-owned subsidiary, Hydrogen Technologies (\"HT\").¹In addition to the newly allowed patent, HT has two patents pending to further protect and enhance the DCC™'s novel IP as the Company begins to receive initial commercial orders.Brian Willamson, CEO of JEV, stated, \"We are excited about the new patent allowance from the US PTO and look forward to the opportunity to continue to expand our portfolio of IP related to our emission-free industrial hydrogen boiler system. The HT team continues to work to extend IP with each generation and improvement on the DCC™.\"The new patent comes on the heels of several notable milestones for the DCC™. On Aug, 3, 2023, JEV announced a leading U.S. University's decision to procure and deploy the DCC™ boiler within its district heating system, placing JEV and HT at the forefront of market ready solutions to decarbonize the estimated $198B global district heating market.²Additionally, JEV's recent three-way EU partnership with Sofinter Group and Exogen was announced, as well as a collaboration with a global alcoholic beverage giant for a four-country DCC™ study which could lead to multiple boiler deployments at their production facilities. Moreover, our HALO Hydrogen Hub entry was recently ranked by Rystad Energy among the top 10 likely to secure funding from the Department of Energy's regional clean hydrogen hubs program.DCC™ GHG-free hydrogen-fueled boilers offer a highly efficient and sustainable alternative to conventional fossil fuel-based boilers. These boilers eliminate greenhouse gas emissions, providing a clean and eco-friendly source of steam for various industries and applications. Leveraging an exothermic reaction that combines pure hydrogen (H2) and pure oxygen (O2) gas, the DCC™ achieves an independently verified fuel efficiency of over 97%,...