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.
In general, geologic hydrogen production stands out as a unique and sustainable approach to generating hydrogen. Unlike traditional methods, this process requires no external water inputs, eliminating the need for water to support electrolysis. This feature makes it a highly efficient primary energy source.
The knowledge of the existence of naturally occuring hydrogen has been around for centuries but is not well understood. With the recent revelation by Denver-based startup, Koloma, this could be about to change.
Natural hydrogen, also called gold or white hydrogen, has made headlines as a potential new renewable energy source. It differs from other types of hydrogen in that it’s a primary source of energy like fossil fuels but carbon-free.
A Denver-based startup, Koloma, received $91 million in funding from Bill Gates and other investors to drill natural hydrogen in the U.S. Midwest, a venture that can ramp up the clean energy revolution. Koloma believes that it can tap into a regenerating supply of underground hydrogen through a process called serpentinization. The process breaks down iron and magnesium-based minerals under the earth’s surface deep in the seafloor to produce hydrogen-rich fluids and other minerals. This process of natural hydrogen production can deliver around 23 million tonnes of H2 each year.
The potential of geologic hydrogen extends far beyond just energy production. According to some estimates, it could become a trillion-dollar industry by 2050. The implications are profound, both economically and environmentally. By harnessing geologic hydrogen, we could significantly reduce our reliance on fossil fuels, curbing greenhouse gas emissions and mitigating the impacts of climate change.
In summary, the “Green Gold Rush” in geologic hydrogen signifies a growing movement toward more sustainable and environmentally friendly energy solutions. It reflects the recognition of hydrogen’s potential in addressing climate change and fostering economic growth in a sustainable manner.
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