‘The holy grail’: Startup backed by a Nobel laureate vying for a breakthrough on hydrogen storage

by cnbc_official

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  1. A California-based startup backed by two pioneering scientists, one of whom is a Nobel laureate, believes it is on the cusp of a “quantum leap” in the hydrogen energy race.

    H2MOF, which was co-founded in 2021, is working to develop a solution for hydrogen storage by deploying the latest advancements in the field of molecularly engineered materials.

    It says a breakthrough in what it regards as the greatest challenge facing the hydrogen economy is just a matter of time.

    “The production of hydrogen, as far as I’m aware, is a settled problem,” professor Fraser Stoddart, [winner of the Nobel Prize in Chemistry in 2016](https://www.nbcnews.com/news/world/trio-wins-nobel-chemistry-prize-molecular-machines-n660156) and one of the co-founders of H2MOF, told CNBC via videoconference.

    “There are ample efficient ways of producing hydrogen. The big challenge that remains is to store it in a manner that stores a lot of it at low pressures and ambient temperatures,” Stoddart said. “I am confident that one way or another we will get there of course.”

    Hydrogen is the lightest and most abundant element in the universe, and has long been billed as one of many potential energy sources that could play a pivotal role in the green transition.

    More: [https://www.cnbc.com/2024/02/15/nobel-laureate-hopes-startup-can-achieve-hydrogen-storage-breakthrough.html](https://www.cnbc.com/2024/02/15/nobel-laureate-hopes-startup-can-achieve-hydrogen-storage-breakthrough.html)

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