Executive Summary

Business Description: Eprida holds patent pending technology which it is using to help establish an open source business platform for a new energy and carbon sequestration. Eprida has successfully demonstrated the most cost effective method of producing hydrogen (estimated at $1.50/ gal gasoline equiv) according to a DOE study. The company is now building a medium-scale unit that will transform agricultural and organic waste biomass into a carbon negative oxygen positive fuel and fertilizer. The technology offers a solution for stabilizing, and eventually reversing, global greenhouse gas emissions. Initial R&D has successfully demonstrated the core technology and the company is currently pursuing additional development and deployment.

Technology: The Eprida technology uses agricultural waste biomass to produce hydrogen-rich bio-fuels and a new restorative high-carbon fertilizer (ECOSS). The process actually removes net CO2 from the air by stabilizing carbon in the topsoil where it is needed. In tropical or depleted soils ECOSS fertilizer sustainably improves soil fertility, water holding and plant yield far beyond what is possible with nitrogen fertilizers alone. The hydrogen produced from biomass can be used to make ethanol, or a Fischer-Troupsch gas-to-liquids diesel (BTL diesel), as well as the ammonia used to enrich the carbon to make ECOSS fertilizer.

Markets: The Eprida process simultaneously creates value in three markets
in this order at today’s prices:

1. Energy: a propane equivalent fuel, from biomass
2. Fertilizer: agricultural soil restoration, carbon enriched with nitrogen
3. Carbon Credits

Unlike other biomass gasification, the Eprida process can operate at small scale, converting waste biomass into fuel and fertilizer. The oxygen positive fuel helps restore the balance lost by using hydrogen produced from petroleum, and the Eprida process can convert woody plant materials that cannot be cost effectively fermented. Also, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the Eprida process restores and enhances soil mineral, carbon and nitrogen content. As a direct result of this new approach to integrated energy and fertilizer production from biomass, the Eprida process effectively removes net CO2 from the atmosphere, and can do so profitably before the value of any carbon credits are even considered.

Financial Projections: Initial modeling indicates that at today’s fuel and fertilizer prices the process can already be profitable before the value of carbon credits are even considered. A business plan for your location is available by first conducting feedstock viability testing. Please contact us for current information. In the long-term, it is difficult to estimate the ultimate size of the market in energy and carbon utilization for soil restoration. However, given the challenges posed by both climate change and peak oil, it is reasonable to suspect that renewable energy from biomass with carbon capture and soil restoration could grow to become one of the largest industries on the planet.

Social Purpose: Eprida represent an integrated for-profit company and social purpose enterprise. We help clients to provide an outstanding return on invested capital while also striving to insure the greatest health and welfare for human-kind and restoration of the global environment.