We previously reported how the little known company, Joi Scientific, had announced an amazing breakthrough allowing for cheap on-demand hydrogen production. Today I received a press release from them titled “The wait for a low-cost, sustainable, clean energy solution is over!” They claim that until now, the production and use of hydrogen as a fuel has been neither practical nor very clean, and are now looking for well-resourced partners interested in either reselling, manufacture, or commercial use. They’ve also raised more than $5 million in the latest round of funding, primarily from their main investor, Dean S. Woodman, the father of the billionaire who invented the GoPro camera.
The company has developed technology that can turn sea water into hydrogen, using a technique that Joi Scientific CEO and founder Traver Kennedy describes as a process which “happens in nature.”They expect to install their technology in test projects for the 1st time this year. Additional information about Joi Scientific and it’s technology will be available later in 2016 but below is some interesting info I’ve gleaned so far.
Zero Emissions: The Hydrogen 2.0 extraction process generates hydrogen without the use of chemicals or electrolysis, and without any greenhouse gas emissions.
On-Demand: It enables the localized production of hydrogen on-site or on-board, where and when it is needed.
Cost Competitive: Hydrogen 2.0 can be produced in abundance on a cost-competitive basis to other energy alternatives.