The global energy sector is on the brink of change and for reasons that are mostly unpublished to date. This has nothing to do with the carbon tax, as it’s an area you can manage but not control. Internationally, the drive to manage cross border decarbonization is gaining momentum and corresponding adjustments will be the ultimate model, dictating the level to which you decarbonize. Very simply, if you want to do business internationally, this is how you need to comply.
The on–going delay that most companies experience with respect to decarbonization is practical implementation with the root cause sitting upstream in the absence of an implementable decarbonization model, and for this reason Energy Security Services North America Inc. (ESSNA™) is in existence. Meeting regulation and business objectives in parallel and delivering a positive revenue stream through decarbonization.
59Hydrogen™ is a key focus area for ESSNA™ delivering hydrogen generation and purification to the oil and gas sector, outperforming the return on conventional natural gas and taking the economic cyclability out of the financial statements through guaranteed off-take. The brand refers to the level of hydrogen we produce, 99,995% or a purer grade dependent on the client’s core objectives. We contract at a 16% + increased return compared to the conventional natural gas pipeline return on natural gas, i.e. flattening the curve and removing cyclability. Some clients opt to be a part of our SPV and become active in the hydrogen economy.
Risk is engineered out not only through the companies experience in the hydrogen market but a methodical approach to modelling energy projects that is inclusive of a structured scenario planning and probability matrix. ESSNA™ professional services and project team works in a focused manner on the backend with our clients to achieve their carbon intensity reduction goals and commercialization objectives through to build, commissioning and operation. At times inclusive of transfer (i.e., BOOT).
More than 80% of ESSNA’s™ long term projects have the capability of being funded off balance on the client’s request (subject to due diligence), allowing our clients to focus on their core business while we manage the decarbonization, power generation and fuel switch objectives through to commercialization. Transferring the underlying risk to ESSNA™ through a service level agreement.
Our reason for existence is to disrupt the market through innovation and ensuring the bankability / practicality in everything we do.
ESSNA™ is proudly in Alberta by Alberta! Supporting the local economy.
