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NewHydrogen Reports Significant 2025 ThermoLoop™ Progress
Globenewswire· 2025-12-16 08:30
Core Insights - NewHydrogen, Inc. has made significant advancements in developing its ThermoLoop technology, which aims to produce the world's cheapest clean hydrogen using water and heat instead of electricity [2][4][6] - The company has outlined its milestones achieved in 2025 and plans for further development in 2026, including partnerships and technology integration with small modular reactors (SMRs) [3][5] Milestones Achieved in 2025 - NewHydrogen has collaborated with the University of California Santa Barbara (UCSB) to develop ThermoLoop, a thermochemical process that reduces hydrogen production costs by utilizing inexpensive heat [2][4] - The company publicly disclosed the science behind ThermoLoop, highlighting its scalability and cost advantages over conventional electrolyzer technology [4] - Two patent applications were filed in the U.S. with UCSB for innovative hydrogen production processes, focusing on thermochemical methods for water splitting [4] - NewHydrogen's common stock began trading on the OTCQB Venture Market under the ticker symbol "NEWH," enhancing visibility and liquidity for investors [4] - The company appointed key personnel, including a Chief Technology Officer and a Director of Process Engineering, to advance its technology [4] Future Plans for 2026 - NewHydrogen aims to explore improved material systems and chemical process designs for scalable hydrogen production from water [3] - The company plans to integrate ThermoLoop with current and future conventional and nuclear power plants, particularly SMRs, to create multi-output clean energy facilities [4][5] - Partnerships with SMR technology companies are being fostered to enhance project economics by producing both electricity and hydrogen from the same heat source [5] - The CEO expressed optimism about bringing ThermoLoop to market, emphasizing the significant market opportunity for clean hydrogen solutions [5] Industry Context - Hydrogen is essential for various industries, including fertilizers, transportation, oil refining, and steel production, with current production methods relying heavily on hydrocarbons [6] - The clean hydrogen market is projected to have a future market value of $12 trillion, indicating substantial growth potential as industries adopt new technologies [6]
NewHydrogen Files Second Patent to Protect Its Breakthrough Technology
Globenewswire· 2025-11-04 05:01
Core Insights - NewHydrogen, Inc. has developed ThermoLoop™, a technology that aims to produce the world's cheapest clean hydrogen using water and heat instead of electricity [1][5] - The company has filed a second provisional patent application in collaboration with the University of California, Santa Barbara, focusing on improvements to the ThermoLoop process [2][4] Technology and Innovation - The patent application titled "Improved Materials and Methods For Production of Chemicals By Thermochemical Looping" details advancements in the thermochemical water splitting process and new material compositions [2] - The proprietary process leverages advanced solid-state materials and machine learning for optimizing efficiency and cost-effectiveness [2] Economic Viability - Preliminary design and economic studies indicate that integrating ThermoLoop with current and future power plants is feasible, with Small Modular Reactors (SMRs) identified as ideal heat sources for the process [3] - The company aims to significantly reduce the reliance on expensive electricity for hydrogen production, which is currently dominated by hydrocarbon-based methods [5] Market Potential - The clean hydrogen economy is projected to have a market value of $12 trillion, highlighting the significant economic opportunity associated with hydrogen production [5]
NewHydrogen and Nuclear Power — A Perfect Pairing
Globenewswire· 2025-10-29 20:00
Core Viewpoint - NewHydrogen, Inc. is developing ThermoLoop™, a technology that utilizes water and heat instead of electricity to produce clean hydrogen, and it is positioned to pair effectively with Small Modular Reactors (SMRs) to create a cost-effective clean hydrogen solution [1][2]. Technology and Economic Benefits - ThermoLoop can leverage the high-temperature heat generated by nuclear reactors, which is essential for producing hydrogen without relying on electricity or fossil fuels [2][4]. - A 50-megawatt SMR, when combined with ThermoLoop at 50% energy efficiency, could generate approximately 54 metric tons of hydrogen daily, sufficient to support 54 hydrogen fueling stations and 10,000 vehicle fill-ups per day [3]. - The integration of ThermoLoop with SMRs can create a new revenue stream for nuclear plants while contributing to global decarbonization efforts [4]. Market Dynamics and Growth Potential - Governments in the U.S., Japan, and Europe are accelerating the construction of nuclear plants to meet rising energy demands, particularly from AI data centers and electrified transportation [5]. - SMRs are considered a cornerstone of the next generation of nuclear power, although they face challenges in cost competitiveness. The combination with ThermoLoop can enhance project economics by producing both electricity and hydrogen from the same heat source [5]. - The collaboration between nuclear and hydrogen technologies can facilitate large-scale decarbonization and enhance long-term energy security [6]. Strategic Vision - The growth of SMRs presents significant opportunities for ThermoLoop, as nations strive to expand reliable, carbon-free energy capacity. This technology can convert nuclear heat into clean hydrogen, providing economic advantages and supporting the clean energy transition [7]. - Integrating ThermoLoop into SMR facilities could lead to the development of multi-output clean energy plants capable of producing electricity and hydrogen continuously and efficiently [7]. Industry Context - Hydrogen is crucial for various industries, including fertilizers, transportation, oil refining, and steel production. Currently, most hydrogen is produced from hydrocarbons, which are limited and environmentally harmful [8]. - NewHydrogen aims to transition to a clean hydrogen economy, with a market value projected by Goldman Sachs to reach $12 trillion [9].
NewHydrogen Reveals Massive Source of Heat for ThermoLoop
Globenewswire· 2025-10-27 20:00
Core Viewpoint - NewHydrogen, Inc. has developed ThermoLoop™, a technology that utilizes heat instead of electricity to produce clean hydrogen, which is expected to significantly reduce production costs [1][10]. Group 1: Technology and Process - ThermoLoop is a novel thermochemical process that leverages inexpensive heat to lower the cost of clean hydrogen production [2]. - The technology can be retrofitted into existing and future power plants, utilizing the constant high-temperature heat and steam they produce [3]. - By directly using heat from power plants, ThermoLoop can eliminate most electricity usage, making it potentially more cost-effective than traditional electrolyzers [4]. Group 2: Market Potential and Future Developments - The demand for new power plants is driven by population growth and the increasing need for AI, which will provide a greater source of heat for hydrogen production [5]. - Currently, there are 2,500 coal, 4,500 gas, and 440 nuclear power plants globally, with projections indicating a rise in nuclear power's role in electricity generation [6]. - The U.S. plans to add 300 gigawatts of new nuclear capacity by 2050, primarily through Small Modular Reactors (SMRs), which can support distributed power generation [7]. Group 3: Production Capacity and Economic Impact - A 50-megawatt SMR integrated with ThermoLoop could produce approximately 54 metric tons of hydrogen daily, sufficient for 10,000 hydrogen vehicle fill-ups [8]. - The integration of ThermoLoop with power plants could enable continuous production of clean hydrogen, which is more valuable than electricity [8]. - The clean hydrogen economy is projected to have a future market value of $12 trillion, highlighting the significant economic potential of this technology [10].
Dr. Austin Morales Joins NewHydrogen Team to Help Drive ThermoLoop™ Development
GlobeNewswire News Room· 2025-08-19 07:30
Core Insights - NewHydrogen, Inc. has appointed Dr. Austin Morales to its UCSB Technology Team to enhance the development of its ThermoLoop™ technology, which aims to produce low-cost clean hydrogen using water and heat instead of electricity [1][4] - The company is focused on advancing cost-effective, entropy-driven thermochemical water splitting, collaborating with a team of experts from the University of California, Santa Barbara [2][4] - Dr. Morales has a strong background in dynamic reactor operation and catalytic processes, with a Ph.D. from the University of Houston and multiple awards for his research [3][4] Company Overview - NewHydrogen is developing ThermoLoop™, a technology that utilizes water and heat to produce the lowest cost clean hydrogen, addressing the limitations of current hydrogen production methods that rely on expensive electricity [6][7] - The company aims to contribute to the clean hydrogen economy, which Goldman Sachs estimates could reach a market value of $12 trillion [7] Technology Development - The ThermoLoop™ technology is designed to split water using inexpensive heat sources, such as concentrated solar energy, industrial waste heat, and nuclear reactors, thereby reducing the overall cost of hydrogen production [4][7] - Since the initiation of the research project in August 2023, the UCSB team has been developing unique materials that facilitate the thermochemical process of producing hydrogen and oxygen from water vapor [4]
NewHydrogen Announces Its First Production of Clean Hydrogen
GlobeNewswire News Room· 2025-07-15 07:30
Core Viewpoint - NewHydrogen, Inc. has achieved a significant milestone by demonstrating real-time hydrogen production using its innovative ThermoLoop™ technology, which utilizes heat instead of electricity to produce clean hydrogen at a lower cost [1][2][7]. Technology Demonstration - The company showcased its ThermoLoop lab benchtop unit, marking the first instance of continuous hydrogen production through a thermochemical water-splitting process [2][3][4]. - Previous versions of the technology could only produce either hydrogen or oxygen, but the latest iteration allows for simultaneous production, enhancing efficiency and data collection for future scaling [3][4]. Pathway to Commercial Scale - This lab demonstration is a crucial step towards commercial applications, similar to the evolution of steam reforming of natural gas, which now produces over 60 million tons of hydrogen annually in a $170 billion market [6]. - The technology aims to address the high production costs of clean hydrogen, where electricity currently constitutes up to 73% of these costs [7][9]. Industry Impact - NewHydrogen's approach could potentially render traditional electrolyzers obsolete, significantly impacting the clean hydrogen economy, which Goldman Sachs estimates could reach a market value of $12 trillion [5][9]. - The company is collaborating with a world-class research team at UC Santa Barbara to advance its technology and contribute to the clean hydrogen economy [9].