Baseline performance of the Company’s prototype has been fully benchmarked using commercial catalysts and is now available to evaluate the Company’s novel low-cost and high-performance catalyst technology.
SANTA CLARITA, Calif. (April 11, 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 progress in the development of its prototype. The prototype benchmarking phase has been completed and is now available to evaluate the Company’s novel low-cost and high-performance catalyst technology.
To establish the benchmark performance of current commercial catalysts, a systematic acidic water splitting test was conducted using a five-layer membrane electrode assembly (MEA) stack embedded with commercial platinum and iridium-based catalysts. The benchmarking test confirmed that the prototype’s performance was closely matched with the advertised performance associated with the commercial catalysts commonly used in commercially available electrolyzers.
The next phase in 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.
“We are very pleased with the results of the recent benchmark testing at UCLA,” said Dr. David Lee, CEO of NewHydrogen. “We look forward to the completion of the next test phase which will fully demonstrate the performance of our durable catalysts using this prototype set up. We believe that our technology will help accelerate the adoption of green hydrogen, providing a clean energy alternative to power a wide range of applications."
The Company believes that its latest accomplishment is a significant step toward the goal of developing a novel green hydrogen generator. 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.
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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