Hydrogen sector to bounce back – BIoomberg
Bloomberg Intelligence expects investments in the sector to rise dramatically in the next few years
Firms operating in the hydrogen sector saw a weaker performance in the first quarter of 2021 after rising interest rates and concerns over project returns caused a sell-off in stocks, according to a report by Bloomberg Intelligence (BI). The research firm has created a basket of companies to track performance in the sector. To be included, members must expect to generate a meaningful portion of revenue by 2025 from the manufacture of fuel cells and electrolysers or other activities related to producing, transporting, storing or using hydrogen. After strong 2020 returns shares of almost two-thirds of firms in the BI hydrogen basket fell in the first quarter. But the poor performance of these
Also in this section
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter