Steeper Energy was created in 2011 by Perry Toms, and Dr. Steen Iversen. Shortly thereafter TOM Capital became an investor in the company and today is the majority shareholder and active partner in the business.

Over the years Steeper has grown where today it engages a team of scientists, engineers, and support staff advancing Steeper’s core technologies and supporting the build-out of commercial projects. Steeper has locations in Denmark and Canada.

Our Proprietary Solution for Converting Biomass Wastes is Proven and Ready to Deploy

The relative cost to achieve the conversion of a barrel of Hydrofaction^® Oil is clearly dependent on many factors including site factors, cost of feedstock, and transportation, to list a few. The range of costs is similar to the cost required to develop and produce a barrel of conventional oil in a new field in today’s fossil oil and gas industry. Steeper’s Hydrofaction^® Oil value also benefits from higher prices due to carbon-reduction incentives which also vary considerably by jurisdiction. Nevertheless, the underlying economics associated with Steeper’s Hydrofaction^® technology supports the proliferation of Steeper processing plants in thousands of locations globally.

Hydrofaction^® Oil is Refined into Renewable Fuels – Displacing Fossil Fuels

The conversion of biomass wastes into finished fuels creates the opportunity to dramatically reduce fossil fuel consumption, helping achieve both decarbonization and waste management goals.

Patent Protection

Steeper Energy currently holds 135 registered patents and 14 pending across 15 patent families. These are filed in various jurisdictions around the world, including in the EU, Canada, the USA, China and other strategic locations.

Steeper’s patent portfolio represents over a decade of investment in the development and execution of the Hydrofaction^® technology platform. Steeper’s patents cover processes, applications, and apparatus spanning the entire value-chain from the receipt and manipulation of biomass at the plant gate through to its pumping and transformation to biocrude and the separation of the products. The Company’s intellectual property also includes patents and knowledge relating to the upgrading of biocrude oils, including biocrude oils other than Steeper’s Hydrofaction^® Oil, to finished advanced biofuels such as sustainable aviation fuel (SAF) and biodiesel.

This body of work is an important asset that will protect and enhance our ability to operate our business. The Company is also rich with know-how that compliments its patent portfolio. This combination of legal rights and the experience to apply those rights gives Steeper a competitive advantage in the implementation and proliferation of Hydrofaction^®.

Steeper’s patent portfolio is applicable to competitors and other complementary businesses and may generate licensing revenue outside of Steeper’s core business. Steeper is constantly investing in expanding its knowledge base and developing new intellectual property to support the commercial adoption of Hydrofaction^® for the benefit of its licensees and partners.

Steeper Energy Canada Limited applications

Hydrothermal Liquefaction (HTL) Plant for Advanced Biofuels Center (ABC)