Jericho Energy Ventures

11:21 AM EST - Jericho Energy Ventures : Announced that it has submitted research and informational materials pertaining to the patented, breakthrough Dynamic Combustion Chamber™ (DCC™) to the U.S. Department of Energy's (DOE) Earthshot Hydrogen Program's Request for Information (RFI). The DOE's Energy Earthshots Initiative is intended to rapidly advance breakthroughs of clean energy solutions within the next ten years. The first Earthshot launched was the Hydrogen Shot and JEV's submission is aimed at helping the DOE's Hydrogen Program prioritize projects that would accelerate clean hydrogen innovations that could reduce emissions, create jobs, and facilitate a net-zero carbon emissions economy by 2050. "The DOE's push to accelerate the development of clean hydrogen, as a key initiative in the energy transition, will greatly hasten hydrogen's ascension to one of the primary fuels globally," said JEV CEO Brian Williamson. "With costs coming down, we see hydrogen as a big part of the energy complex of the future as we aim to decarbonize the $30 billion C&I steam market with our disruptive DCC™ boiler technology." Jericho Energy Ventures shares V.JEV are trading up 1 cent at $0.71.

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