Newhydrogen reveals the key to its breakthrough technology.
NewHydrogen, Inc. (OTC:NEWH), the developer of a breakthrough technology that uses clean energy and water to produce the world’s cheapest green hydrogen, released a podcast video by Steve Hill, the Company’s CEO, which describes in detail how the Company plans to use heat rather than electricity to split water to produce hydrogen.
Steve Hill, NewHydrogen CEO said:
Unfortunately, 99% of hydrogen produced today is made from fossil fuels such as natural gas, coal, and oil.
“While these methods are cheaper than producing green hydrogen today, they come at a significant environmental cost to the planet. To truly spark change, the price of green hydrogen needs to be competitive with these established methods.”
Mr. Hill continued, “Currently, the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind. However, green electricity is, and always will be very expensive. It accounts for 73% of the cost of green hydrogen and will continue to represent most of the cost in the future.”
“Conventional solar panels can only convert about 20% of sunlight into useful electricity, whereas sunlight can be converted to heat with 90% efficiency.” said Mr. Hill.
“By using heat directly, we can skip the expensive process of making electricity and fundamentally lower the cost of green hydrogen. Inexpensive sources of renewable heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat. Concentrated solar holds the most promise because it can be generated anywhere in the world using inexpensive mirrors.”
A team of world-class chemical and materials engineers at UC Santa Barbara (UCSB) is helping the Company find a better way to efficiently split water using heat to produce cheap green hydrogen. The UCSB team plans to exploit the oxidation reduction features of multi-component materials including high temperature liquids to directly split water continuously in a series of chemical looping reactions, producing hydrogen and oxygen in separate reaction chambers.
The concept has been at work in other applications for some time at UCSB and the Company decided to sponsor research to apply the methodology to water splitting.
“This is a very difficult process to achieve at reasonable temperatures, however, we believe we’ve found a way using molten liquids,” Mr. Hill disclosed.
“We call this technology, NewHydrogen ThermoLoop™. If successful it will be a novel, first of its kind, high efficiency thermochemical water-splitter that uses low-cost common materials and common industrial temperatures of less than 1,000°C to potentially produce the world’s cheapest green hydrogen.”
M. Hill concluded, “I want to underscore the significance of our approach—the application of direct heat to split water to produce green hydrogen. Using heat directly is the key to our innovation—a novel approach that transcends existing limitations and paves the way for a more sustainable and cost-effective energy future.”
“Our goal is to produce the world’s cheapest green hydrogen. So cheap that our technology has the potential to be used to make green fertilizers cheaper than gray fertilizers made from natural gas, a benchmark that signals the start of a new clean energy future.”
This podcast can be viewed at https://newhydrogen.com/thermoloop-video.php
For more information about NewHydrogen, please visit https://newhydrogen.com/
About Newhydrogen, Inc.
NewHydrogen is developing a breakthrough technology to produce low-cost green hydrogen using renewable energy. Hydrogen is the cleanest and most abundant fuel in the universe. It is zero-emission and only produces water vapor when used. Unfortunately, hydrogen does not exist in its pure form on Earth so it must be extracted from a source that contains hydrogen.
For centuries, scientists have known how to split water into hydrogen and oxygen using a simple and elegant device called an electrolyzer. However, electrolyzers are still very expensive. NewHydrogen plans on developing several component innovations to enable the next generation of low cost electrolyzers.
The Company’s initial focus is on replacing and reducing expensive rare earth materials, to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.
READ the latest news shaping the hydrogen market at Hydrogen Central
NewHydrogen Reveals the Key to Its Breakthrough Technology, SANTA CLARITA, Calif., September 7, 2023
