Episode 151 - Israeli Sabotage of Iran Nuclear Site | Grant Strem, CEO of Proton Technologies

Energy Week

Blackout Hits Iran Nuclear Site in What Appears to Be Israeli Sabotage
https://www.nytimes.com/2021/04/11/world/middleeast/iran-nuclear-natanz.html
- read this as a message to the Biden administration
- What about relationship to China? Is this activity pushing Iran into the arms of China?
- pushing the Iranians towards China - is that really what we want?
Total signs key deals for Uganda's Lake Albert project
https://www.argusmedia.com/en/news/2204271-total-signs-key-deals-for-ugandas-lake-albert-project
- What does this say about the future of oil and gas development in Africa? Which firms will be doing the development?
- Should African countries join OPEC?
Higher gasoline margins may cut China’s fuel oil output
https://www.argusmedia.com/en/news/2204212-higher-gasoline-margins-may-cut-chinas-fuel-oil-output
- how will this impact China’s oil demand
Saudi Arabia meets May crude supply for most Asian buyers
https://www.reuters.com/article/saudi-oil-asia-int/saudi-arabia-meets-may-crude-supply-for-most-asian-buyers-sources-idUSKBN2BZ0RJ
- India cuts back on oil purchases from Saudi Arabia by 36%
Tesla set to 'attack and conquer' trillion-dollar energy market, Canaccord says
https://financialpost.com/commodities/energy/electric-vehicles/tesla-to-conquer-trillion-dollar-energy-market-canaccord-says
Grant Strem, CEO of Proton Technologies - Calgary, Alberta
https://proton.energy
- Need to separate hydrogen from its bonded elements and that takes a lot of energy.
- hydrogen can be low cost but with high carbon footprint or high cost with low carbon footprint.
- hydrogen can be used with any system we use electricity for through hydrogen turbines and/or fuel cells. Also most transportation fuels can be replaced with hydrogen. No air pollution. Nothing except water comes out, reduces air pollution.
- Hydrogen is flexible. Can store just like hydrocarbons. Element on on-demand use.
- Can divert extra energy from systems into hydrogen system.
- Baseload reliability as opposed to wind and solar which are intermittent.
- Go to large, existing oil fields and oxidize hydrogen in place. Thermal energy is trapped, trigger reactions that give us hydrogen in the process. Use a filter to bring hydrogen up to the surface.
- Can oxidize remaining oil from old aging oil fields right where it is.
- Can you move hydrogen with existing natural gas pipelines? Some can! But there are regulatory challenges.
- Clean hydrogen vs. green hydrogen vs. blue hydrogen? The color schemes are meaningless. But has worked its way into border adjustments and tariffs. Can be significant quantifiable mechanism to tax imports. Calculate the carbon intensity and apply offset.
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