New Technologies

US Hydrogen Project Seen as Innovative Model

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With hydrogen seeing a surge of commercial interest around the globe, innovative projects are providing informative examples of how the technology could gain maturity — both in terms of cost-effective business models and low-carbon credentials. An example is a promising clean hydrogen production project from Nebraska-based Monolith, which got a serious boost recently when the US Department of Energy (DOE) said it will conditionally guarantee the project a loan guarantee of $1.04 billion. The company uses a process known as methane pyrolysis that, when powered by renewable energy, produces zero-emissions hydrogen and a solid-state carbon called carbon black, a material with a variety of industrial uses.

Hydrogen, Emerging Technologies, Renewable Electricity , CO2 Emissions, Gas Demand
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