Dr. Ivor John described how countries are rapidly investing in infrastructure and incentives for hydrogen fuels
SANTA CLARITA, Calif., June 22, 2023 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), the developer of a breakthrough technology to produce low-cost green hydrogen, today announced that in a recent podcast the Company’s CEO, Steve Hill, and industry expert Dr. Ivor John discussed the future of hydrogen fuel and how the world is rapidly moving toward adoption.
During the podcast, Dr. John explained how hydrogen is the fuel of the future, “Every day now hydrogen seems to be in the news. We have 50 countries that have developed hydrogen strategies and that number is increasing every month and every year.”
Dr. John has been an advisor and partner with several hydrogen companies. He is an expert in hydrogen and has been a general partner with Hydrogen Power Partners for over three years. He has also been an advisor to SunHydrogen, Inc., for over four years. Dr. John is also an expert in technologies and processes associated with hydrogen. It is his expertise that he has also prepared a Readiness Plan for the Central Coast of California. For most of his career, he has been a consultant and advisor on the environment, specifically, air quality and climate change. Dr. John has a Ph.D. from Aberystwyth University in Physics of the Atmosphere. He also has a certificate as a Consulting Meteorologist from the American Meteorology Society. He is currently focusing on hydrogen and its transition and how it can be used to reduce emissions.
When asked about the recent hydrogen investments in different countries, Dr. John said, “Japan is committing $100 billion over the next 15 years for hydrogen fuel supply…over a thousand projects now, and it’s going to require about $320 billion of investment by 2030.”
In addition, he emphasized the active participation of the United States in this competition, stating, "The recent approval of the building infrastructure law has allocated $8 billion specifically for the establishment of Hydrogen hubs nationwide."
This conversation can be viewed at NewHydrogen Podcast - Ivor John - YouTube
For more information about NewHydrogen, please visit https://newhydrogen.com/
About NewHydrogen, Inc.
NewHydrogen is developing a breakthrough green hydrogen generator that uses renewable energy and water to produce low-cost green hydrogen. Hydrogen is the cleanest and most abundant fuel in the universe. It is zero-emission and only produces water vapor when used. Hydrogen does not exist in its pure form on Earth so it must be extracted from a source that contains hydrogen. For centuries, scientists have known how to split water into hydrogen and oxygen using a simple and elegant device called an electrolyzer. Unfortunately, an electrolyzer – the primary component of a hydrogen generator – is still very expensive. NewHydrogen is developing breakthrough technologies to enable the next generation of low cost electrolyzers. Our initial focus is on replacing and reducing expensive rare earth materials, to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion.
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