other
confidence high
sentiment positive
materiality 0.55
NewHydrogen CEO unveils ThermoLoop technology using heat, not electricity, to split water for cheap green hydrogen
NewHydrogen, Inc.
- CEO Steve Hill describes ThermoLoop thermochemical water-splitter using direct heat at <1,000°C.
- Sunlight-to-heat efficiency 90% vs. 20% for electricity; aims to cut cost by bypassing electrolysis.
- Team at UC Santa Barbara assisting with multi-component liquid materials for chemical looping reactions.
- Goal: produce green hydrogen cheap enough to make green fertilizers cheaper than gray from natural gas.
- Goldman Sachs estimates future green hydrogen market at $12 trillion; NEWH developing ThermoLoop.