The cost of building new renewable energy plants is now cheaper than operating existing fossil fuel plants globally and exciting opportunities exist for global decarbonization involving hydrogen SANTA CLARITA, Calif., Jan.21, 2025 (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.
Kammen said, "I would like to stress the critical importance of green’ hydrogen, produced from renewable sources, to achieve true decarbonization, differentiating it from "gray” or "blue” hydrogen produced from fossil fuels.” He highlighted Japan’s ambitious National Hydrogen Strategy as a potential model, outlining a scenario where Japan could fully decarbonize by the 2040s using renewable energy and hydrogen, achieving higher energy security at a lower cost than the current system.
Kammen said, "I would like underscore the need for ensuring that the benefits of green hydrogen development, including job creation and environmental cleanup, are equitably shared among all communities, especially those historically burdened by pollution.” He proposes focusing on concentrated industrial hubs as ideal test cases for demonstrating the feasibility and benefits of green hydrogen, also providing a just and equitable transition.Dr.Daniel M.
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