Green hydrogen for 'under $1/kg' | Geothermal start-up secures patents to make super-cheap power for H2 production

Magma Power says it can make baseload electricity for less than $0.01 per kWh

Magma under the earth's crust can reach temperatures of up to 1,200 degrees Celsius.
Magma under the earth's crust can reach temperatures of up to 1,200 degrees Celsius.Photo: John Moore/Getty Images/Getty Images
Published 18 September 2024, 07:42Updated 18 September 2024, 12:37
GeothermalUSNorth AmericaGreen H2