| Description | We are a developer of clean energy technologies. Our current focus is on developing a
green hydrogen production technology that uses water and heat rather than electricity
to produce the worlds cheapest green hydrogen.
Hydrogen is the cleanest and most abundant element in the universe, and we cant
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 (in a 2022
report) estimated.
Additional info from OTC:
We are a developer of clean energy technologies. Our current focus is on developing a
green hydrogen production technology that uses water and heat rather than electricity
to produce the worlds cheapest green hydrogen.
Hydrogen is the cleanest and most abundant element in the universe, and we cant
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 (in a 2022
report) estimated. |
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