Latest news with #hydrogenproduction
Yahoo
15-07-2025
- Business
- Yahoo
NuScale Power (SMR) Jumps 12.4% as Investors Scoop up Ahead of Q2 Earnings
We recently published . NuScale Power Corporation (NYSE:SMR) is one of Monday's top performers. NuScale Power jumped by 12.38 percent on Monday to close at $42.12 apiece as investors began repositioning portfolios ahead of its second quarter earnings results. According to the company, it will announce the results of its second quarter financial and operating performance on August 7, 2025. The nuclear power technologies sector currently carries an overall optimistic sentiment among investors amid the rosy prospects for their business, supported by the US government's plans to aggressively expand the energy industry to power the booming AI sector. In recent news, NuScale Power Corporation (NYSE:SMR) partnered with GSE Solutions for the development of a hydrogen fuel cell generation and storage plant simulation model to support the former's hydrogen simulator project. The initiative forms part of the broader research to provide clean water and efficient hydrogen production technologies. A Nuclear power plant with all its safety & security protocols in place. Following the partnership, a single NuScale power module (NPM) coupled with a reverse osmosis desalination system is expected to yield 150 million gallons of clean water daily without generating carbon dioxide. Twelve NPMs provide desalinated water for a city of 2.3 million residents and electricity for 400,000 homes. While we acknowledge the potential of SMR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
15-07-2025
- Business
- Yahoo
NewHydrogen Announces Its First Production of Clean Hydrogen
SANTA CLARITA, Calif., July 15, 2025 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCQB:NEWH), the developer of ThermoLoop™, a breakthrough technology that uses water and heat rather than electricity to produce the world's cheapest clean hydrogen, today announced its first production of clean hydrogen. "This demonstration by our scientific team represents the achievement of a major milestone and a company value inflection point," said NewHydrogen CEO Steve Hill. "For the first time, we're showing the world how we use heat to split water into hydrogen and oxygen in a continuous looping reaction." The Company also released an online Special Report featuring the first public demonstration of its functioning ThermoLoop lab benchtop unit producing hydrogen in real-time, which can be viewed at The Special Report highlights a significant milestone and advancement from previous iterations of ThermoLoop technology. Mr. Hill explained, "Previous versions of the lab unit could only produce oxygen or hydrogen, but both were not achieved simultaneously. Now, for the first time, we've completed the loop. This version enables continuous hydrogen production, allowing our team to refine the chemistry and materials behind ThermoLoop while collecting critical data to guide the next scale-up." Technology Demonstration The Special Report provides an unprecedented look inside the laboratory, featuring detailed explanations from the company's scientific team. The video demonstrates ThermoLoop's unique approach to thermochemical water-splitting, which the company believes could eventually make traditional electrolyzers obsolete. Mr. Hill continued, "We are proud to have the right team, at the right time, working on a technology that could help unlock the full potential of the clean hydrogen economy. I believe that our technology represents a totally different path from conventional electrolyzers and could have a global impact in the not too distant future." The Special Report features insights from Dr. Eric McFarland, NewHydrogen's Chief Technology Officer and co-inventor of ThermoLoop. Other team members are also featured, including Dr. Phil Christopher, Professor of Chemical Engineering at UC Santa Barbara, a co-inventor and Principal Investigator on the ThermoLoop project, as well as Sundar Narayanan, NewHydrogen's Director of Process Engineering, who brings 35 years of industrial and chemical process engineering experience, including more than 20 years with ExxonMobil. Pathway to Commercial Scale This lab demonstration represents the first step in scaling the Company's breakthrough technology from laboratory to commercial applications, similar to how steam reforming of natural gas evolved from lab units to massive commercial plants that now produce over 60 million tons of hydrogen per year in the current $170 billion fossil-fuel-based hydrogen market. ThermoLoop's heat-based approach addresses the fundamental cost challenge in clean hydrogen production, where electricity currently accounts for up to 73% of production costs. By using heat directly from sources such as concentrated solar, geothermal, nuclear reactors, and industrial waste heat, ThermoLoop bypasses the expensive process of electricity generation. For more information about NewHydrogen, please visit 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 clean 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 clean hydrogen is to split water into oxygen and hydrogen with an electrolyzer using clean electricity produced from solar or wind. However, clean electricity is and always will be very expensive. It currently accounts for 73% of the cost of clean hydrogen. By using heat directly, we can skip the expensive process of making electricity and fundamentally lower the cost of clean hydrogen. Heat can be obtained from sources such as concentrated solar, industrial waste heat and nuclear reactors 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 clean 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, in to access your portfolio
Yahoo
03-07-2025
- Business
- Yahoo
NuScale Power (SMR) Develops Advanced Clean Water and Hydrogen Production System
NuScale Power Corporation (NYSE:SMR) is one of the top 10 nuclear energy stocks to invest in for the next decade. On June 18, the company announced breakthrough research focused on developing an integrated energy system that can clean water and produce hydrogen more efficiently. Copyright: vencavolrab78 / 123RF Stock Photo The system has two critical capabilities. First, a single NuScale Power Module (NPM) can produce approximately 150 million gallons of clean water per day without generating carbon dioxide. Second, a scalable plant with 12 NPMs could provide desalinated water for a city of 2.3 million residents while also generating surplus power to electrify 400,000 homes. NuScale's innovative approach uses the leftover brine (a byproduct of the desalination process) as an industrial feedstock for hydrogen production. This hydrothermal chemical decomposition method eliminates the need for water electrolysis, resulting in reduced energy consumption, lower water usage, and lower costs. The company said that this project is made possible by partnerships with experts at the U.S. Department of Energy's Pacific Northwest National Laboratory (PNNL). The project aims to address critical global challenges, including water scarcity, brine remediation, and the growing demand for clean hydrogen. NuScale Power Corporation (NYSE:SMR) is a nuclear technology company. It designs and commercializes small modular reactors (SMRs). Its flagship product is the NuScale Power Module, which uses light-water reactor technology. While we acknowledge the potential of SMR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Healthcare Penny Stocks to Buy According to Analysts and Goldman Sachs Energy Stocks: 10 Stocks to Buy. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
03-07-2025
- Business
- National Post
H2SITE Secures EIC Accelerator Funding to Deploy a Flagship 1 TPD Ammonia Cracker Using Membrane Reactor Technology at a Port in North-West Europe
Article content BILBAO, Spain — H2SITE has been awarded the EIC (European Innovation Council) Accelerator program for a project aimed at deploying a first-of-its-kind ammonia cracking unit capable of producing 1 ton of high-purity hydrogen per day. The system is based on H2SITE's proprietary palladium-based membrane reactor technology, which enables the simultaneous catalytic decomposition of ammonia and selective hydrogen separation within a single unit. Article content This breakthrough technology offers several compelling advantages over conventional ammonia cracking processes: Article content Lowest Levelized Cost of Hydrogen (LCOH) from ammonia due to high efficiency and integrated operation Reduced energy consumption, operating at significantly lower temperatures (400–450 °C) than traditional cracking methods (typically 600–800 °C) High-purity hydrogen output, compliant with ISO 14687 Grade D, suitable for direct use in fuel cells and industrial applications Compact and modular design, facilitating decentralized hydrogen production close to demand centers Article content The ammonia cracking system will serve as a demonstration plant, aiming to validate the commercial and operational readiness of H2SITE's integrated membrane reactor approach at an industrially relevant scale, with the goal of advancing the decarbonization of hard-to-abate sectors. Article content 'This project represents an important milestone for the development of our technology. It enables the next steps toward commercializing our units for industrial sectors, energy hubs (such as ports and large-scale distribution centers), and onboard maritime applications,' Article content said Andres Galnares, CEO of H2SITE. Article content As the hydrogen economy develops, efficient solutions for transporting low-carbon hydrogen are essential. Ammonia is a promising hydrogen carrier due to its high volumetric energy density and existing infrastructure, and more than 20 million tons of ammonia are transported by ship every year. Advances in ammonia cracking technology such as H2SITE's integrated membrane reactor will be an enabler to making this pathway competitive, enabling large-scale, flexible hydrogen supply chains. Article content H2SITE, founded in 2020, is a technology company specializing in the on-site production and separation of high-purity hydrogen. The company utilizes exclusive palladium-alloy membrane reactor technology to efficiently convert various feedstocks including ammonia, methanol, and syngas into hydrogen. Additionally, H2SITE enables the separation of hydrogen from low-concentration gaseous mixtures for applications such as salt caverns or geologic hydrogen. By decentralizing hydrogen production through innovative ammonia cracking and separation solutions, H2SITE addresses the challenges of cost-effective hydrogen transportation and storage, significantly reducing associated costs and emissions. Article content Article content Article content
Associated Press
24-06-2025
- Business
- Associated Press
Elemental Advanced Materials Closes $20M to Scale Production of Carbon Nanomaterials, Clean Hydrogen, and Recovered Critical Minerals
HOUSTON--(BUSINESS WIRE)--Jun 24, 2025-- Elemental Advanced Materials, a leader in low-emission carbon nanomaterials and hydrogen production, today announced the close of a $20 million funding round led by Taranis , a climate technology investment firm. This press release features multimedia. View the full release here: Elemental's patented, single-step manufacturing process converts hydrocarbon-rich waste – such as plastics, tank bottoms, and gas by-products – into high-performance carbon nano onions and clean hydrogen. The funding will enable Elemental to scale its patented, single-step manufacturing process that converts hydrocarbon-rich waste – such as plastics, tank bottoms, and gas by-products – into high-performance carbon nanomaterials and clean hydrogen. This CO₂e-neutral process also supports the recovery of critical minerals from end-of-life electronics, further contributing to circularity in supply chains. 'Our mission is to transform waste hydrocarbons into high-purity carbon nanomaterials and hydrogen,' said Ian Bishop, President and Co-Founder of Elemental. 'This funding will allow us to scale production and deliver performance materials at the cost, quality, and volume industry demands, while expanding our capabilities to recover critical minerals from e-waste.' Elemental's carbon nanomaterials, including graphene and carbon nano-onions, enhance the performance of batteries, capacitors, and electronics. These materials also increase durability, thermal and electrical conductivity, and EMI shielding of cement, resins, composites and lubricants– while significantly reducing their embedded emissions. 'Taranis backs technologies with the power to bend the industrial emissions curve,' said David Sorin, Managing Director of Taranis. 'Elemental's platform not only reduces carbon intensity and waste but also creates value from discarded resources. That's the kind of circular innovation the world urgently needs.' About Elemental Advanced Materials Elemental is a Houston-based advanced materials company turning waste plastics, gases, and hydrocarbons into high-performance carbon nanomaterials and hydrogen at commercial scale. Its patented, CO₂e-neutral process replaces toxic, resource-intensive legacy systems and supports sustainable industrial innovation. Learn more at About Taranis Taranis is an investment and impact project development entity of the Perenco Group. The mission is to research, finance and operate innovative initiatives in the fields of sustainable energy, carbon management and nature-based solutions. Drawing on Perenco's industrial expertise, Taranis aims to reconcile economic performance and environmental responsibility, while generating a tangible social impact. The investment in Elemental was made through Taranis Carbon Ventures, Taranis' fund investing in breakthrough technologies that accelerate the transition to a sustainable low-carbon future. To learn more, visit . View source version on CONTACT: Ian Bishop [email protected] KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: ENVIRONMENT TECHNOLOGY ENGINEERING CHEMICALS/PLASTICS NANOTECHNOLOGY SUSTAINABILITY MANUFACTURING MINING/MINERALS BATTERIES NATURAL RESOURCES SOURCE: Elemental Advanced Materials Copyright Business Wire 2025. PUB: 06/24/2025 11:34 AM/DISC: 06/24/2025 11:33 AM
