28 February 2024
The Senate recently held its first congressional hearing on geologic hydrogen as covered by Forbes. This comes as the industry is gaining mainstream interest and investment.
The hearing, led by the Committee on Energy and Natural Resources and chaired by Senator Joe Manchin, featured testimonies from the Energy Department’s advanced research unit, the U.S. Geological Survey, and Pete Johnson, CEO of Koloma, a leading startup in the geologic hydrogen sector.
Koloma, backed by over $300 million from investors including Bill Gates’s Breakthrough Energy, is optimistic about the future of geologic hydrogen. HyTerra sees this support as particularly important, as it shows the growing support for white (‘geologic’) hydrogen.
