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New Hydrogen CEO Steve Hill and Notre Dame Hydrogen Expert Explore Hybrid Energy Systems

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NewHydrogen, Inc. (OTCMKTS:NEWH), developer of ThermoLoop™ technology, hosted a podcast featuring CEO Steve Hill and Dr. Alex Dowling, Associate Professor at the University of Notre Dame. The discussion focused on hybrid energy systems that co-produce hydrogen and electricity.

Dr. Dowling highlighted a Department of Energy-sponsored project combining nuclear power with on-site electrolyzers for hydrogen production. He emphasized the importance of flexible energy systems to balance variability from renewable sources, noting their potential for economic and operational benefits in electricity markets and grid resilience.

The podcast explored the future of hybrid energy systems, with both experts agreeing on the urgency of advancing these technologies for a stable and efficient energy infrastructure. Dr. Dowling expressed optimism about market incentives for early adopters and the growing need for innovative energy solutions.

NewHydrogen, Inc. (OTCMKTS:NEWH), sviluppatore della tecnologia ThermoLoop™, ha ospitato un podcast con il CEO Steve Hill e il Dr. Alex Dowling, Professore Associato presso l'Università di Notre Dame. La discussione si è incentrata sui sistemi energetici ibridi che co-produrre idrogeno ed elettricità.

Il Dr. Dowling ha evidenziato un progetto sponsorizzato dal Dipartimento dell'Energia che combina l'energia nucleare con elettrolizzatori sul posto per la produzione di idrogeno. Ha sottolineato l'importanza dei sistemi energetici flessibili per bilanciare la variabilità delle fonti rinnovabili, notando il loro potenziale per benefici economici e operativi nei mercati elettrici e nella resilienza della rete.

Il podcast ha esplorato il futuro dei sistemi energetici ibridi, con entrambi gli esperti che hanno concordato sull' per un'infrastruttura energetica stabile ed efficiente. Il Dr. Dowling ha espresso ottimismo riguardo agli incentivi di mercato per i primi adottanti e alla crescente necessità di soluzioni energetiche innovative.

NewHydrogen, Inc. (OTCMKTS:NEWH), desarrollador de la tecnología ThermoLoop™, organizó un podcast con el CEO Steve Hill y el Dr. Alex Dowling, Profesor Asociado en la Universidad de Notre Dame. La discusión se centró en los sistemas energéticos híbridos que co-producen hidrógeno y electricidad.

El Dr. Dowling destacó un proyecto patrocinado por el Departamento de Energía que combina energía nuclear con electrolizadores en el lugar para la producción de hidrógeno. Subrayó la importancia de sistemas energéticos flexibles para equilibrar la variabilidad de las fuentes renovables, señalando su potencial para beneficios económicos y operativos en los mercados eléctricos y la resiliencia de la red.

El podcast exploró el futuro de los sistemas energéticos híbridos, con ambos expertos de acuerdo en la urgencia de avanzar en estas tecnologías para una infraestructura energética estable y eficiente. El Dr. Dowling expresó optimismo acerca de los incentivos del mercado para los primeros adoptantes y la creciente necesidad de soluciones energéticas innovadoras.

NewHydrogen, Inc. (OTCMKTS:NEWH), ThermoLoop™ 기술 개발업체가 CEO Steve Hill과 노터드담 대학교의 Alex Dowling 박사와 함께 팟캐스트를 진행했습니다. 논의는 하이브리드 에너지 시스템에 초점을 맞추어 수소와 전기를 공동 생산하는 과정에 대해 이야기했습니다.

Dowling 박사는 수소 생산을 위한 현장 전해조와 결합된 에너지부 후원 프로젝트를 강조했습니다. 그는 재생 가능 자원에서 발생하는 변동성을 균형 잡기 위한 유연한 에너지 시스템의 중요성을 강조하며 이를 통해 전기 시장과 그리드 회복력에서 경제적 및 운영적 이점을 기대할 수 있다고 언급했습니다.

이 팟캐스트에서는 하이브리드 에너지 시스템의 미래를 탐구했으며, 두 전문가는 안정적이고 효율적인 에너지 인프라를 위해 이러한 기술을 발전시키는 시급성에 동의했습니다. Dowling 박사는 초기 도입자를 위한 시장 인센티브와 혁신적인 에너지 솔루션의 필요성이 증가하고 있다는 것에 낙관적인 입장을 나타냈습니다.

NewHydrogen, Inc. (OTCMKTS:NEWH), développeur de la technologie ThermoLoop™, a animé un podcast avec le PDG Steve Hill et le Dr. Alex Dowling, professeur associé à l'Université de Notre Dame. La discussion s'est concentrée sur les systèmes énergétiques hybrides qui co-produisent de l'hydrogène et de l'électricité.

Le Dr Dowling a souligné un projet sponsorisé par le Département de l'Énergie qui combine l'énergie nucléaire avec des électrolyseurs sur site pour la production d'hydrogène. Il a mis en avant l'importance des systèmes énergétiques flexibles pour équilibrer la variabilité des sources renouvelables, soulignant leur potentiel de bénéfices économiques et opérationnels sur les marchés électriques et pour la résilience du réseau.

Le podcast a exploré l'avenir des systèmes énergétiques hybrides, les deux experts s'accordant sur l' pour une infrastructure énergétique stable et efficace. Le Dr Dowling a exprimé son optimisme quant aux incitations du marché pour les premiers adopteurs et le besoin croissant de solutions énergétiques innovantes.

NewHydrogen, Inc. (OTCMKTS:NEWH), Entwickler der ThermoLoop™-Technologie, veranstaltete einen Podcast mit CEO Steve Hill und Dr. Alex Dowling, außerordentlicher Professor an der University of Notre Dame. Die Diskussion konzentrierte sich auf hybride Energiesysteme, die Wasserstoff und Elektrizität co-produzieren.

Dr. Dowling hob ein vom Energieministerium gefördertes Projekt hervor, das Kernkraft mit vor Ort installierten Elektrolyseuren zur Wasserstofferzeugung kombiniert. Er betonte die Bedeutung von flexiblen Energiesystemen, um die Variabilität erneuerbarer Energien auszugleichen, und wies auf deren Potenzial für ökonomische und betriebliche Vorteile auf den Elektrizitätsmärkten und für die Netzresilienz hin.

Der Podcast untersuchte die Zukunft hybrider Energiesysteme, wobei beide Experten sich einig waren über die Dringlichkeit, diese Technologien weiterzuentwickeln, um eine stabile und effiziente Energieinfrastruktur zu schaffen. Dr. Dowling äußerte Optimismus hinsichtlich der Marktanreize für frühe Anwender und der wachsenden Notwendigkeit innovativer Energielösungen.

Positive
  • NewHydrogen's ThermoLoop™ technology uses water and heat to produce low-cost green hydrogen
  • Collaboration with academic expert Dr. Alex Dowling enhances company's credibility in the hydrogen sector
  • Discussion of hybrid energy systems showcases potential market opportunities for NewHydrogen's technology
Negative
  • None.

Dr. Alex Dowling shares innovations in co-producing hydrogen and electricity for a resilient energy future

SANTA CLARITA, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- 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. Alex Dowling, Associate Professor of Chemical and Biomedical Engineering at the University of Notre Dame, on the latest Hydrogen Experts Podcast. Dowling's research focuses on leveraging systems engineering, including multiscale modeling, computing, machine learning, and data science, to address sustainable energy transitions.

Dr. Dowling discussed hybrid energy systems that co-produce hydrogen and electricity, integrating these systems with the broader U.S. energy infrastructure. He said, “Hybrid systems combine multiple energy technologies, such as batteries with wind farms, to achieve more desirable properties than each component separately.”

Currently, Dowling's work involves hybridizing renewables with storage and solid oxide fuel cells (SOFCs) to co-produce electricity and hydrogen. He highlighted a Department of Energy-sponsored project where a nuclear power plant's base load is supplemented by an on-site electrolyzer, producing hydrogen for the plant's needs and offering flexibility to the grid.

Dr. Dowling further emphasized the importance of flexible energy systems to balance the increasing variability introduced by renewable energy sources. He noted that these systems could provide significant economic and operational benefits by participating in electricity markets, enhancing grid resilience. “These systems offer a way to leverage existing infrastructure and create new opportunities for innovation,” he says. “I believe we’ll see a growing trend toward these systems in the coming years, driven by market incentives and a growing need for more resilient energy infrastructure.”

In closing, Dr. Dowling shared his optimism about the future of hybrid energy systems, citing market incentives for early adopters and the critical need for innovative energy solutions. Mr. Hill and Dr. Dowling agreed on the urgency of advancing these technologies to ensure a stable and efficient energy infrastructure.

Dr. Alex Dowling is an Associate Professor of Chemical and Biomolecular Engineering at the University of Notre Dame. His research applies leveraged systems engineering, such as multiscale modeling, computing, machine learning, and data science for a wide range of challenges related to sustainable energy transitions.

Dr. Dowling is listed as Google Scholar at https://scholar.google.com/citations?user=fDiIhvAAAAAJ&hl=en.

Watch the full discussion on the NewHydrogen Podcast featuring Dr. Alex Dowling at 
https://newhydrogen.com/videos/ceo-podcast/alexander-dowling-associate-professor-notre-dame.

For more information about NewHydrogen, please visit https://newhydrogen.com/.

About NewHydrogen, Inc.

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.

Safe Harbor Statement

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.

Investor Relations Contact:

NewHydrogen, Inc.
ir@newhydrogen.com


FAQ

What is NewHydrogen's ThermoLoop™ technology?

ThermoLoop™ is a breakthrough technology developed by NewHydrogen (NEWH) that uses water and heat rather than electricity to produce the world's cheapest green hydrogen.

Who participated in NewHydrogen's recent podcast discussion?

The podcast featured NewHydrogen CEO Steve Hill and Dr. Alex Dowling, Associate Professor of Chemical and Biomedical Engineering at the University of Notre Dame.

What are the benefits of hybrid energy systems according to Dr. Dowling?

Dr. Dowling stated that hybrid energy systems offer economic and operational benefits by participating in electricity markets and enhancing grid resilience. They also provide flexibility to balance the variability introduced by renewable energy sources.

What project did Dr. Dowling highlight in the NewHydrogen podcast?

Dr. Dowling highlighted a Department of Energy-sponsored project where a nuclear power plant's base load is supplemented by an on-site electrolyzer, producing hydrogen for the plant's needs and offering flexibility to the grid.

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