The DOE loan program office (LPO) recently made $1B in loan guarantees to a novel hydrogen process from Monolith. This “turquoise” hydrogen process uses renewable energy and natural gas to produce hydrogen and carbon black. With so much talk of a hydrogen economy, it will be interesting to see future developments.

Learn more here: https://www.powermag.com/does-first-1b-loan-guarantee-in-years-seeks-to-bolster-turquoise-hydrogen-process/