NewHydrogen reports on the progress of its OER catalyst development
NewHydrogen, Inc. (OTC:NEWH) has reported advancements in its green hydrogen generator research at UCLA, focusing on reducing the costs associated with producing green hydrogen. The company is developing non-precious metal catalysts for electrolyzers, which typically rely on expensive materials like platinum and iridium. Recent tests show significant improvements in catalytic performance, aided by structural modifications. NewHydrogen aims to support global initiatives for sustainable hydrogen fuel, with the potential market valued at $12 trillion by Goldman Sachs.
- Significant progress reported in catalyst development for electrolyzers.
- Improved catalytic performance through structural modifications.
- Research aligns with global initiatives for green hydrogen and sustainability.
- None.
Company is focused on lowering the cost of green hydrogen by eliminating or drastically reducing the use of precious metals in electrolyzers
SANTA CLARITA, Calif., June 07, 2022 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), the developer of a green hydrogen generator, today reported on the progress of its Oxygen Evolution Reaction (OER) catalyst development for proton exchange membrane (PEM) electrolyzers. Previously, the company also reported on the progress made with its single-atom Hydrogen Evolution Reaction (HER) catalyst that does not use platinum.
Green hydrogen is a versatile fuel and storage material with significant environmental benefits when compared to fossil fuels. The U.S. Department of Energy’s Hydrogen Shot and the European Union’s Clean Hydrogen Alliance and the REPowerEU plan are among the many initiatives around the world setting ambitious targets for green hydrogen as a sustainable transportation fuel, to produce electricity, and to create heat for homes.
The goal of NewHydrogen’s sponsored research at UCLA is to lower the cost of green hydrogen by eliminating or drastically reducing the use of precious metals in electrolyzers. Electrolyzers currently rely on rare materials such as iridium and platinum. These materials often account for a substantial portion of the cost of electrolyzers.
In 2021, the UCLA researchers developed a non-precious metal-based catalyst with significant improvement of OER in acidic conditions for PEM electrolyzers. The catalytic performance was then further improved by modifying the material structure of the catalyst. The ongoing research is designed to identify optimal modification methods and to understand specific causes of the improvements. In-depth analysis of the catalytic materials before and after the structural modification provides a path to further improvements in the future.
Recently, catalyst samples before and after structure modification were subjected to synchrotron tests at a national laboratory. The XANES analysis provided plausible explanations for the significant catalytic performance improvement observed. In one important aspect under observation, the doped elements were positioned within the modified structure of the catalyst in a specific manner associated with the enhanced material characteristics, thus deemed to be the most likely origin of the superior OER performance.
“We are very pleased to see the exciting progress being made in our green hydrogen program at UCLA,” said Dr. David Lee, CEO of NewHydrogen. “We have great confidence in Dr. Huang and her team. We look forward to seeing these achievements to drastically reduce the cost of producing green hydrogen.”
About NewHydrogen, Inc.
NewHydrogen is developing a breakthrough green hydrogen generator that uses renewable energy to produce low-cost green hydrogen. Hydrogen is the cleanest and most abundant fuel in the universe. It is zero-emission and only produces water vapor when used. Unfortunately, hydrogen does not exist in its pure form on Earth so it must be extracted from a source that contains hydrogen. For centuries, scientists have known how to split water into hydrogen and oxygen using a simple and elegant device called an electrolyzer. Unfortunately, an electrolyzer – the primary component of a hydrogen generator – is still very expensive. NewHydrogen is developing breakthrough technologies to enable the next generation of low cost electrolyzers. The Company’s initial focus is on replacing and reducing expensive rare earth materials, to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of
To learn more about the company, please visit www.newhydrogen.com.
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:
Tom Becker
NewHydrogen, Inc.
ir@newhydrogen.com
(877) 904-3733
FAQ
What recent advancements has NewHydrogen (NEWH) made in its green hydrogen technology?
How does NewHydrogen (NEWH) aim to reduce the cost of green hydrogen?
What is the market potential for green hydrogen according to NewHydrogen (NEWH)?
What improvements were observed in NewHydrogen's (NEWH) catalyst performance?
