Now Publicly Available
- Stock Symbol: NEWH
Dr. Walter van Schalkwijk says thermochemical hydrogen production is the key to meeting future energy demands
SANTA CLARITA, Calif. (September 10, 2024) — NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of ThermoLoop™, a breakthrough technology that uses water and heat rather than electricity to produce the world’s cheapest green hydrogen, today announced a podcast featuring CEO Steve Hill and Dr. Walter van Schalkwijk, a renowned battery expert and Northwest leader in lithium-ion battery research and development and an Affiliate Professor of Chemical Engineering at the University of Washington. Dr. van Schalkwijk believes that a thermal approach to hydrogen production is the key to unlocking a sustainable and scalable green energy future. He has been working in the battery field for decades and even helped build the first manufacturable lithium-ion batteries, sees hydrogen as the next big thing, but not through traditional electrolysis methods.
“You’re not going to invent a light bulb by making incremental improvements to the candle, and you’re not going to make large enough volumes of hydrogen by doing incremental changes to electrolyzers,” Dr. van Schalkwijk stated during a recent podcast. “This is a new approach; this is the only kind of thing that can be sustainable and produce large volumes of hydrogen is doing this thermally.” He points to the high energy consumption and reliance on rare earth materials in current electrolysis methods, estimating that only 10% of energy needs could be met using these techniques.
His vision for the future involves a more localized approach, with hydrogen production happening in individual homes or even businesses. He suggests that sand, a readily available and inexpensive material, could be heated using excess solar energy to generate hydrogen.
“If you had a small silo about 2 meters high and a meter in diameter and you filled it with something incredibly cheap like sand… you can heat up that sand and sand will melt at over a range between 1500 and 1650 degrees C,” he explained. “That heated sand becomes an opportunity to generate hydrogen locally, right in your own driveway.”
This decentralized approach, Dr. van Schalkwijk believes, could offer a way to bypass dependence on imported energy sources and create a more resilient energy infrastructure. It would also provide a more sustainable alternative to the current battery technology which relies on energy-intensive mining practices and the use of rare earth materials.
“The key to it is being able to get past the energy-intensive use of resources to just produce energy,” he concluded. “It needs a new way to make that hydrogen.”
Dr. Walter van Schalkwijk is a Northwest leader and consultant in the lithium-ion battery research and development community and an Affiliate Professor of Chemical Engineering at the University of Washington with extensive research supporting advanced batteries for the tech industry, power sources for mobile and wearable technologies and electrochemical devices that enable reliable operation of data center infrastructure. He has been under contract as Microsoft’s “Principal Battery Scientist” since 2016 and is also under contract to Duracell Corporation as a battery manufacturing specialist. Dr. van Schalkwijk’s edited volume, “Advances in Lithium-Ion Batteries”, is one of the foundational books for the field. In addition to papers and patents in battery technology, he also has patents in the field of kidney dialysis with local company, Advanced Renal Technologies.
Watch the full discussion on the NewHydrogen Podcast featuring Dr. Walter van Schalkwijk at Dr Walter Van Schalkwijk | Newhydrogen
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.
Matters discussed in this press release contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press
release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar
expressions identify such forward-looking statements. Actual results, performance or achievements
could differ materially from those contemplated, expressed or implied by the forward-looking
statements contained herein. These forward-looking statements are based largely on the expectations
of the Company and are subject to a number of risks and uncertainties. These include, but are not
limited to, risks and uncertainties associated with: the impact of economic, competitive and other
factors affecting the Company and its operations, markets, the impact on the national and local
economies resulting from terrorist actions, the impact of public health epidemics on the global
economy and other factors detailed in reports filed by the Company with the United States Securities
and Exchange Commission.
Any forward-looking statement made by us in this press release is based only on information
currently available to us and speaks only as of the date on which it is made. We undertake no
obligation to publicly update any forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information, future developments or otherwise.