Green Hydrogen Technology Backed by Bill Gates

  • Date: 04/16/2024

Green hydrogen is under the spotlight after Bill Gates backed a new production technology that could help the global push to net-zero emissions.   

Gates’ clean-tech fund Breakthrough Energy Ventures is among several investors committin$22 million to technology that developers H2Pro claim will create the world’s “lowest-cost green hydrogen.”   

H2Pro states that its revolutionary E-TAC (Electrochemical-Thermally Activated Chemical) method could produce green hydrogen that is 95% more efficient, safe, and cost-competitive than today’s fossil fuel-derived hydrogen.   

The company claims green hydrogen prices could fall from the present $5-6 per kilo (2.2 pounds) to around $1 per kilo (2.2 pounds). Industrial-scale adoption may also help solve surplus renewable energy storage issues as E-TAC sites could use excess renewable electricity to build green hydrogen energy stores for later use. Using hydrogen creates no direct emissions of pollutants or greenhouse gases.   

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