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Hydrogen is powering street food, reshaping city transit, and driving billion dollar investments that could redefine the global energy landscape. Hi, I'm Steve Hill, CEO of NewHydrogen, with this week's top hydrogen news. First up in Sacramento, hydrogen just turned a neighborhood food truck meetup into a quiet clean energy showcase. Instead of relying on noisy, polluting gasoline generators, several trucks ran their equipment using Toyota fuel cells powered by just 18 pounds of hydrogen.
The crowd noticed the difference. No exhaust fumes, no buzzing generators, just a smooth, quiet night fueled by clean energy. It's a small demonstration, but a powerful one. If hydrogen can transform something as simple as a bunch of food trucks, imagine what it can do at scale for our neighborhoods, businesses, and cities. At NewHydrogen, we're building the foundation for that scale. For the first time, we publicly demonstrated
Our ThermoLoop system producing hydrogen continuously from heat and water. No electricity, no fossil fuels. Just a looping thermmochemical reaction that could change the future of clean hydrogen. Now that we've proven continuous production, we're refining the chemistry and materials while collecting the data needed to guide scale up to a larger unit. We believe Thermal Loop can produce the world's cheapest clean hydrogen and unlock what Goldman Sachs calls a 12 trillion global market. This milestone moves us one step closer to realworld deployment. And we're proud to share this progress with you.
Next, in New York, a $2 million state grant will help launch the city's first hydrogen fuel cell electric ferry. Switch Marine is designing a 150 passenger boat that will cut emissions to zero while gliding across the harbor. The ferry is part of a larger program investing $11 million in next generation transportation. It's a strong signal that hydrogen is ready to play a bigger role in urban transit, not years from now, but right now.
Finally, in South Korea, an inspired vision is taking shape. Jon province has applied for nearly $2 billion in subsidies to build a 1 gigawatt hydrogen hub powered by nuclear energy. Hydrogen and nuclear are a perfect match because nuclear plants generate steady aroundthe-clock heat and electricity. That consistency allows hydrogen production systems to run continuously producing large volumes of clean hydrogen without the interruptions that come from variable energy sources.
If approved, this project would be the largest of its kind in the country and a model for how nuclear power can drive dependable large-scale hydrogen production. Hydrogen is advancing everywhere from food trucks to fairies to massive industrial hubs. But all of this progress depends on one thing, cheap, clean hydrogen. That is exactly what we're working to deliver at NewHydrogen. To see the future of hydrogen production today, visit newhydrogen.com and watch our benchtop demo and explainer video. Thank you for watching and we'll see you again next week.