NewHydrogen CEO Steve Hill Provides ThermoLoop Update - Seite 2

The most common method of making green hydrogen today 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 currently accounts for over 70% of the cost of green hydrogen.

Traditionally, thermochemical methods have relied on managing extreme temperatures, often exceeding 2,000°C, to split water into oxygen and hydrogen. However, the ThermoLoop^TM process is based on materials identified with an innovative model developed by the UCSB team for splitting water into hydrogen and oxygen within standard industrial temperature ranges, typically below 1000°C. This is pivotal in achieving the most cost-effective and efficient production of green hydrogen.

Mr. Hill concluded, “In the coming months the UCSB team will focus on validating their model and demonstrating specific materials for ThermoLoop. Their work to date marks an exciting leap forward in our quest for sustainable technology.”

For more information about NewHydrogen and its ThermoLoop technology, please visit https://newhydrogen.com/.

About NewHydrogen, Inc.

NewHydrogen is developing ThermoLoop – a breakthrough technology that uses water and heat rather than electricity to produce the world’s lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can’t live without it. 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. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource.

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 currently accounts for 73% of the cost of green hydrogen. By using heat directly, we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.