NewHydrogen Announces Disruptive Technology to Produce the World’s Cheapest Green Hydrogen

Working with a team of world-class chemical and materials engineers at UC Santa Barbara, the Company is developing a better way to efficiently split water into cheap green hydrogen with a thermochemical approach, using heat instead of electricity

SANTA CLARITA, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), the developer of a disruptive technology that uses clean energy and water to produce the world’s cheapest green hydrogen, today announced that the Company recently entered into a research agreement with UC Santa Barbara to work with a team of world-class chemical and materials engineers to develop a better way to efficiently split water into cheap green hydrogen with a thermochemical approach, using heat instead of electricity.

“Hydrogen is the cleanest and most abundant element in the universe, and we can’t live without it,” said NewHydrogen CEO Steve Hill. “Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. The world needs lots of hydrogen, and it must be cheap and green.”

Mr. Hill continued, “The gold standard for producing green hydrogen today is through electrolysis by using electrolyzers with solar or wind electricity to split water into hydrogen and oxygen. Unfortunately, electricity, especially green electricity, is very expensive and will continue to be expensive. In fact, electricity currently accounts for 73% of the cost of green hydrogen production. On the other hand, renewable heat from sources such as concentrated solar and geothermal can be very low cost. Often it’s even free in the form of waste heat from sources such as nuclear power plants, and industrial processes for making steel, glass, ceramics, and many things we use in our everyday lives.”

“The UC Santa Barbara technology team, led by Dr. Philip Christopher, plans to exploit the features of molten liquids to directly split water continuously in a single redox chemical loop, to produce hydrogen and oxygen in separate chambers,” Mr. Hill disclosed. “We are developing a novel Molten Catalytic Liquid that can be reduced in one chamber, oxidized in another chamber, and is continuously recycled and reused. The only inputs are heat and water. We call this technology, NewHydrogen ThermoLoop, and 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.”