Steve Hill comments on the Company’s breakthrough technology to produce low-cost green hydrogen using renewable energy and water
SANTA CLARITA, Calif. (May 8, 2023) — NewHydrogen, Inc. (OTC:NEWH), the developer of a breakthrough green hydrogen generator that uses renewable energy and water to produce low-cost green hydrogen, today reported that Steve Hill, the Company’s Vice President, and its breakthrough technology were featured in an interview with AltEnergyMag.com
In the interview, Hill observed, “For centuries, scientists have known how to split water into hydrogen and oxygen using a simple device called an electrolyzer. However, electrolyzers are still very expensive. The catalysts that enable the critical water-splitting reactions are currently made from platinum and iridium, two very expensive precious metals that account for a large portion of the cost of electrolyzer.”
When asked about the uniqueness of NewHydrogen technology, Hill elaborated, “Our oxygen evolution reaction (OER) catalyst replaces iridium with low cost, earth-abundant materials that meet or exceed the performance characteristics of iridium. Our hydrogen evolution reaction (HER) catalyst uses an order of magnitude less platinum while achieving similar performance but with substantially higher durability. The low cost and high durability of our catalysts make them good candidates for commercial use in electrolyzers.”
The Company recently benchmarked the performance of current commercial catalysts using its prototype hydrogen generator, and the performance evaluation is now underway which includes activity transition into electrolytic cell, evaluation of long-term stability, hydrogen production rate, specific energy consumption and estimated overall costs of the Company’s new catalysts. The prototype green hydrogen generator will continue to serve as a platform for incorporating additional next generation component innovations to be developed by the Company going forward.
"As a result of this research, replacing one of the most expensive components of electrolyzers with cheaper, more durable alternatives has become a very real possibility," Hill explained. "This advancement positions NewHydrogen as a viable leader in the race to produce affordable green hydrogen at scale."
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.
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