Now Publicly Available
- Stock Symbol: NEWH
Company’s low-cost high-performance single-atom catalyst for alkaline hydrogen electrolyzers demonstrated higher catalytic ability and better stability compared to commercial platinum-based catalysts
SANTA CLARITA, Calif. (April 20, 2022) — NewHydrogen, Inc. (OTC:NEWH), the developer of a green hydrogen generator, today provided an update on the progress of its catalyst technology aimed to reduce the cost of producing green hydrogen.
The latest results from NewHydrogen’s sponsored research at UCLA show significant progress toward the goal of producing low-cost green hydrogen by replacing or drastically reducing the use of precious metals in electrolyzers. Electrolyzers, the heart of green hydrogen generators, currently rely on expensive rare materials such as iridium and platinum. The Company is focused on developing electrolyzer catalysts that are cheaper and better.
In the recent tests, single-atom catalysts for hydrogen evolution reactions (HER) that do not use platinum were directly compared to commercial platinum-based HER catalysts. Within the practical range of metal loading, the single-atom catalyst has consistently shown to have lower overpotential with higher mass activity. In the stability test, the catalyst was significantly more stable than a commercial platinum-based HER catalyst.
“The high durability over prolonged usage as well as its superior catalytic ability over the commercial platinum-based HER catalysts makes our catalyst an ideal drop-in replacement for platinum in alkaline hydrogen electrolyzers, and more importantly, in the anion exchange membrane (AEM) electrolyzers in the future. Not only is our HER catalyst raw material less expensive than platinum, our single-atom catalyst performs better than platinum,” said Dr. David Lee, CEO of NewHydrogen.
“Going forward, we plan to incorporate this breakthrough catalyst into a full prototype electrolyzer. We will continue to explore additional improvements to maximize the overall performance,” said Dr. Lee.
NewHydrogen recently announced that it will deploy its own green hydrogen generator which will allow it to demonstrate economic viability and new technology under development. Doing so will provide another test site for the Company’s HER catalysts for alkaline electrolyzers.
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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