other material
confidence high
sentiment neutral
materiality 0.15
NewHydrogen CEO interviews UCI expert on podcast; green hydrogen cost target of $2-3/kg reiterated
NewHydrogen, Inc.
- CEO Steve Hill spoke with Dr. Jeffrey Reed (UCI) in a podcast episode on Jan 30, 2024.
- Dr. Reed sees renewable hydrogen production cost reaching $2-$3 per kilogram at plant gate by decade-end.
- Dr. Reed noted global annual hydrogen demand of 60 billion kg, offering immediate green hydrogen replacement opportunity.
- NewHydrogen's ThermoLoop technology aims to use heat (not electricity) to produce cheaper green hydrogen.