HYDROGEN: THE ENERGY SOURCE OF THE FUTURE W. GRANT STREM EP. 117
Grant Strem, is the CEO of Proton Technologies. The company focuses on combating greenhouse gas emissions by producing hydrogen from end-of-life oil wells. This hydrogen has the potential to be a major source of highly economical energy.
Grant discusses his experiences engaging investors for the company. There is a lot of risk associated with this industry. Grant explains why big players are often conservative and why other energy companies are pushing back against Proton Technologies’ efforts.
“In many large organizations, there is a committee of paid skeptics who just want to make sure that they can make it to retirement at the same salary that they’re getting now and so if they do nothing controversial, that is likely to happen.” — Grant Strem [0:30:48]
You’ll hear about Grant’s career, which led him to take over as CEO of Proton Technologies. We chat about what the company does, and how they achieve its objectives. We discuss how they extract, purify, liquefy, and transport hydrogen through existing infrastructure and delve into the company’s business model.
Learn how hydrogen could be the sustainable energy source of the future and more in this episode. You won't want to miss out.
KEY POINTS FROM THIS EPISODE:
Grant Strem and what his team at Proton Technologies is doing.
What Proton Energy is, the promise they are making, and how they hope to achieve it.
How the company approaches extracting hydrogen.
The defensive mindset of the big energy companies against Proton Technologies.
Proton Technologies’ business model.
The size of the industry and when we could use hydrogen to produce energy.
Grant’s advice for overcoming the conservative mindset in the energy industry.
How Grant’s company moves hydrogen through the pipes.
What the extraction and purification process for these gasses looks like.
His experience of raising money for Proton Technologies and how they collected investors.
Repurposing opportunities with existing infrastructure for hydrogen
LINKS MENTIONED IN TODAY'S EPISODE: