Just like solar names, hydrogen stocks have not been spared by the funding concerns that emerged in the wake of the banking crisis a couple of months ago, as most hydrogen projects require tens or even hundreds of million dollars financing. But recent newsflow has been reassuring, with Plug Power reaffirming in recent days its…
Green incentive plans, technology breakthroughs and rising consumer adoption are giving a massive boost to the energy transition and to our electric future, with the stated goal to get to a carbon-free world in 2050.
Renewable energies, that have reached grid parity, become dominant in new power generation and are expected over coming decades to account for 48% of the power mix and 64% when including hydropower.
But as they are by nature intermittent, energy storage becomes a key element of the power puzzle.