Geologic hydrogen and it’s rising investments

Geologic hydrogen

Geologic hydrogen, also referred to as “Green Gold”, is being viewed as a valuable and environmentally friendly resource. This reflects the increasing emphasis on transitioning away from fossil fuels and toward cleaner energy alternatives.

Geologic hydrogen production is generally recognized as a distinct and environmentally friendly method of producing hydrogen. Water is not needed to sustain electrolysis in this process, unlike conventional methods, as it doesn’t require any external water inputs. Its superior efficiency makes it a key energy source.

Although it has been known for ages that naturally occurring hydrogen exists, nothing is known about it. This might be about to change, as a Denver-based firm called Koloma recently revealed.

Natural hydrogen, sometimes referred to as white or gold hydrogen, has gained attention as a possible new source of renewable energy. It differs from other types of hydrogen in that it’s a primary source of energy like fossil fuels but carbon-free.

Bill Gates and other investors contributed $91 million to Denver-based firm Koloma in order to fund the drilling of natural hydrogen in the United States. Midwest, an endeavor that has the potential to accelerate the clean energy revolution. Koloma thinks that through a process known as serpentinization, it may access a replenishing supply of subterranean hydrogen. Under the surface of the earth, deep inside the seafloor, a mechanism breaks down minerals based on iron and magnesium to produce other minerals and fluids that are rich in hydrogen. This process of natural hydrogen production can deliver around 23 million tonnes of H2 each year.

Geologic hydrogen has far more potential than just being used to produce energy. Some projections state that by 2050, it might generate trillions of dollars in revenue. The implications are profound, both economically and environmentally. We might drastically lessen our need on fossil fuels, reducing greenhouse gas emissions and lessening the effects of climate change, by utilizing geologic hydrogen.

In conclusion, the “Green Gold Rush” in geologic hydrogen represents an expanding trend toward greener and more sustainable energy sources. It reflects the recognition of hydrogen’s potential in addressing climate change and fostering economic growth in a sustainable manner.

READ MORE ON Hydrogen Fuel News.

UH2 Linkedin

UH2 provides integrated systems that blend solar and wind energy with hydrogen production. Capable of meeting all project requirements, UH2 collaborates with Universal Kraft on creative solutions that ensure a more economical, dependable, and sustainable energy system.

Latest news

SUBSCRIBE OUR NEWSLETTER

Before you leave...

Subscribe to our newsletter
and stay updated on the latest hydrogen and ammonia developments