NewHydrogen, Inc. has announced a significant advancement in reducing hydrogen production costs through its innovative ThermoLoop™ technology, which utilizes water and heat instead of electricity. The company shared updates on its collaboration with the University of California Santa Barbara (UCSB) to develop ThermoLoop™, a novel low-cost thermochemical process that aims to produce green hydrogen at a fraction of the current cost.
Traditional methods of producing green hydrogen involve using electricity from solar or wind to split water into oxygen and hydrogen, which accounts for approximately 73% of the total production cost. With ThermoLoop™, NewHydrogen aims to achieve an efficient, chemical looping redox process that operates at temperatures below 1000°C, significantly reducing production costs.
Since the project’s inception in 2023, the UCSB research team has made significant progress in designing and testing a reactor stand for hydrogen and oxygen generation, identifying promising materials for the process, and validating the foundational science behind ThermoLoop™.
Moving forward, the team plans to explore novel material systems, upgrade the experimental test stand, and develop a technoeconomic analysis to estimate hydrogen production costs at scale. By optimizing material compositions and reducing energy input, NewHydrogen aims to deliver the world’s cheapest green hydrogen.
CEO Steve Hill expressed satisfaction with the UCSB team’s progress and emphasized the importance of their efforts in achieving the company’s goal. NewHydrogen’s ThermoLoop™ technology aims to revolutionize the green hydrogen economy, offering a more affordable and sustainable alternative to traditional production methods.
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