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Jacques Pironon and Phillipe De Donato, both directors of research at France’s National Centre of Scientific Research, were assessing the amount of methane in the subsoils of the Lorraine mining basin using a “world first” specialized probe, able to analyze gases dissolved in the water of rock formations deep underground.

why is easun reyrolle limited (532751) falling ✌️【Recruitment Platform】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. A couple of hundred meters down, the probe found low concentrations ofhydrogen. “This was not a real surprise for us,” Pironon told 【 - Free Expert Investment Advice 】; it’s common to find small amounts near the surface of a borehole. But as the probe went deeper, the concentration ticked up. At 1,100 meters down it was 14%, at 1,250 meters it was 20%.

why is easun reyrolle limited (532751) falling ✌️【Recruitment Platform】✌️ Free real-time market data to help you quickly recover and avoid losses. This was surprising, Pironon said. It indicated the presence of a large reservoir of hydrogen beneath. They ran calculations and estimated the deposit could contain between 6 million and 250 million metric tons of hydrogen.

why is easun reyrolle limited (532751) falling ✌️【Recruitment Platform】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. That could make it one of the largest deposits of “white hydrogen” ever discovered, Pironon said. The find has helped fuel an already feverish interest in the gas.

why is easun reyrolle limited (532751) falling ✌️【Recruitment Platform】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. White hydrogen – also referred to as “natural,” “gold” or “geologic” hydrogen – is naturally produced or present in the Earth’s crust and has become something of a climate holy grail.

Hydrogen produces only water when burned, making it very attractive as a potential clean energy source for industries like aviation, shipping and steel-making that need so much energy it’s almost impossible to meet through renewables such as solar and wind.

But while hydrogen is the most abundant element in the universe, it generally exists combined with other molecules. Currently, commercial hydrogen is produced in an energy-intensive process almost entirely powered by fossil fuels.

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“If you had asked me four years ago what I thought about natural hydrogen, I would have told you ‘oh, it doesn’t exist,’” said Geoffrey Ellis, a geochemist with the US Geological Survey. “Hydrogen’s out there, we know it’s around,” he said, but scientists thought big accumulations weren’t possible.

why is easun reyrolle limited (532751) falling ✌️【Recruitment Platform】✌️ Real-time global stock trend and futures data to help you plan investment strategies for long-term returns. Then he found out about Mali. Arguably, the catalyst for the current interest in white hydrogen can be traced to this West African country.

In 1987, in the village of Bourakébougou, a driller was left with burns after a water wellunexpectedly explodedas he leaned over the edge of it while smoking a cigarette.

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why is easun reyrolle limited (532751) falling ✌️【Recruitment Platform】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. When a study came out about the well in 2018, it caught the attention of the science community, including Ellis. His initial reaction was that there had to be something wrong with the research, “because we just know that this can’t happen.”

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“Now the question is nolonger about the resource… but where to find large economic reserves,” she told 【 - Free Expert Investment Advice 】.

Dozensof processes generate white hydrogen but there is still some uncertainty about how large naturaldeposits form.

Geologists have tended to focus on “serpentinization,” where water reacts with iron-rich rocks to produce hydrogen, and “radiolysis,” a radiation-driven breakdown of water molecules.

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Ellis estimatesglobally there could be tens of billions of tons of white hydrogen. This would be vastly more than the 100 million tons a year of hydrogen that is currently produced and the 500 million tons predicted to be produced annually by 2050, he said.

“Most of this is almost certainly going to be in very small accumulations or very far offshore, or just too deep to actually be economic to produce,” he said. But if just 1% can be found and produced, it would provide 500 million tons of hydrogen for 200 years, he added.

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“We’re very excited by what we’re seeing,” said managing director Neil McDonald. There is more testing and drilling to do but the company could get into early production possibly in late 2024, he told 【 - Free Expert Investment Advice 】.

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“Natural hydrogen is a solution which will allow us to get get to speed” on climate action, he said.

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“There could be a period of decades where there’s a lot of trial and error and false starts,” Ellis said. But speed is vital. “If it’s going to take us 200 years to develop the resource, that’s not really going to be of much use.”

But many of the startups are bullish. Some predict years, not decades, to commercialization. “We have all necessary technology we need,with some slight modifications,” Zgonnik said.

Challenges remain. In some countries, regulations are an obstacle. Costs also need to be worked out. According to calculations based on the Mali well, white hydrogen could cost around $1 a kilogram to produce – compared to around $6 a kilogram for green hydrogen. But white hydrogen could quickly become more expensive if large deposits require deeper drilling.

Back in the Lorraine basin, Pironon and De Donato’s next steps are to drill down to 3,000 meters to get a clearer idea of exactly how much white hydrogen there is.

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