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Startups Seek Natural Hydrogen Deposits as Promising Clean Energy Source

Updated: Nov 23, 2023

Mounting scientific evidence suggests that geologic hydrogen, created through natural processes deep underground, holds immense potential as a clean energy source. Driven by the need to transition away from carbon-based fuels, startups and major energy companies alike are vying to explore and extract this abundant resource. Geologic hydrogen, estimated to be globally astronomical in quantity, could resolve the intermittency of renewable power and provide a replenishing supply of clean, dispatchable energy. Despite challenges and uncertainties surrounding extraction methods and market development, the pursuit of geologic hydrogen is gaining momentum as an innovative solution to meet growing energy demands sustainably. There are only a handful of companies that are engaged in natural hydrogen exploration - HyTerra, Gold Hydrogen, and Française de l'Energie (FDE) to name a few.

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