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Western Canada Wind Farm And Hydrogen Conversion Plant Project

Executive Summary

Rising energy costs, shortages in oil production, population growth explosions, increased pollution, and the implementation of the Kyoto Protocol provide a dire need for alternative, renewable, and nonpolluting energy.

Governments around the globe are mandating their countries to utilize “green” energy for a portion of their electricity consumption. Northern Europe adopted this mandate many years ago and some Scandinavian countries already produce up to 30% of their electricity consumption from wind.  Initially, North America was the world leader with the Palm Springs Wind Farm projects but failing to continue its expansion has a wind energy program that delivers less than one-half percent of electricity needs. Unless more energy is produced from alternative sources such as wind, the USA and Canada will face major energy shortcomings in the years to come. Estimations indicate that it will take in excess of 20 years to catch up with some of the leaders in wind energy such Denmark and other European countries.

JR Group Resources & Energy Division plans to construct a 240 MW wind farm as phase one. Electricity revenues are demand driven and fluctuate as much as 80% on any given day. In order to maximize profits, the goal is to sell energy during the high-demand/peak periods and store the wind electric energy during low-demand times. Electricity storage is not efficient unless converted into storable energy such as hydrogen.

In phase two, JR Group Resources & Energy Division proposes to build a hydrogen production and hydrogen conversion facility. This will allow for the conversion of excess, low revenue wind electricity into hydrogen for storage and subsequently the conversion of hydrogen back into electricity when demand and revenues are at peak. Sales of hydrogen to fuel cell powered hydrogen vehicles will also be a part of the business concept and could expand into a string of hydrogen gas stations.

ENERCON Gmbh is the leading manufacturer of wind energy converters and will provide the turnkey technology for this project. ENERCON, under contract, will be involved in every aspect of the project from site analysis to grid connection. Air Products and Chemicals, Inc. of Allentown, PA, industry leaders in hydrogen production and conversion, will provide the turnkey technology for the hydrogen production.

Phase one: Wind Farm cost estimate:
    USD 275,000,000.00 (two hundred and seventy five million United States dollars).

Phase two: Hydrogen conversion plant cost estimate:
    USD 198,000,000.00 (one hundred and ninety eight million United States dollars).

Annual Project Revenues:
    Phase one at full capacity:             USD 68,000,000.00
    Phase one and two combined:       USD 192,000,000.00

It is expected that during the duration of the construction 460 full time jobs and 920 indirect jobs will be created. Once in operation, the JR Group Western Canada Wind Farm and Hydrogen Conversion Plant Project will employ an estimated 210 full time personnel, create approximately 410 indirect jobs, and produce 100% green energy.

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