Are you interested in being the leading personality behind a multi-billion dollar market. One where the technology is needed in nearly every country in the world and where success can reduce water stress for billions of people world wide?
Our new process can reduce evaporation losses from lakes and reservoirs by chilling the surface of the lake using cold water from deeper in the lake. If the water doesn't evaporate it can be used without reducing the amount of water flowing downstream or the lake level. Government studies have demonstrated that a 1C (1.8F) reduction in surface temperature can reduce evaporation by approximately 2,900 gallons per acre per day. On some lakes it may be feasible to reduce the surface temperature by more than 1C which multiplies the available water saving.
Water horse trading allows cities upstream to pay to reduce evaporation elsewhere in return for rights to remove more water from reservoirs is already occurring on the Colorado. Las Vegas is looking into deals where they pay for desalination plants for cities in California so they can use a portion of that cities allocation of water from the Lake mead. This type of trade will drive an incredible growth and drive deals.
Our approach uses
and is as simple as dropping a bunch of self positioning buoys in the
lake. No chemicals, No pipe network, No electric bills and precious
little maintenance. Preliminary analysis indicates a cost between
$100 and $700 per acre foot saved which is far cheaper than trying to
replace the water with desalination.
Once validated there are finance companies who will pay to install the system and just charge the government for the water saved. This is a emerging as a favorite way to invest long term capital and means that people receive benefit with no up front government costs. For us this means that once we find a government willing to pay for the water getting the project money is relatively easy.
We need a co-founding CEO for a new company founded to take the technology and process to the next level. This person must arrive with 1 million $ to invest. They must be comfortable building high visibility campaigns for both the public and law makers. They must also be comfortable with multi-billion $ deals and financing those deals. Showing up with the money is non-negotiable. Consider it your first test of being qualified.
Our first task: Prove the technology and then arrange an installation on Lake Lanier
I figure we need a very good CEO who understands making sales through public agencies because the largest market will be to government and semi-government agencies.
analysis indicates that a small reservoir of 1 square kilometer will
cost in the range of $2.2 million USD.
USGS indicates 660,000 sq kilometers of reservoir surface area1
world wide which provides a maximum market of value of 1.36 trillion
USD. The USGS also indicates 1.5 million sq kilometers of
freshwater lakes which brings the total world wide market to 4.47
trillion USD. Not
all of this freshwater needs or could use our system but even a 0.5%
addressable market is worth 22.36 billion USD.
need to conduct
tests to prove the system works as anticipated and to determine the
true surface area coverage requirements but costs appear to run
between $100 to $600 per acre foot of water saved. This may still
be too high for agriculture but can be cheaper than desalination or
long distance pipelines such as the California Aqua-duct. The main
cost driver is the surface water temperature and the temperature
delta between surface water and deeper water in the same reservoir.
Any water body that has a thermocouples layer (over 4 meters deep) are viable candidates. Water bodies with distinct summer versus summer seasons are the best candidates.
Water bodies like Lake Powell, Lake Mead and Lake Lanier which suffer from significant summer stratification are the best candidates because they can deliver a high degree of chilling per unit of pumping invested.
Areas where water shortages are current or looming within 10 years and where developing alternative water sources will cost more than $500 per acre foot are ideal.
P.S. Please blog or publish articles about A2WH, it helps spread the word.
CTO and principal engineer