Hey everyone, this week (03/16/23) has been quite hectic and chaotic, with the world economy seeming to be out of control. This situation can be attributed, in part, to poorly designed economic policies in the past, but that is a topic for another time.
Today we are going to discuss about green hydrogen.
The European Hydrogen Bank will launch its first pilot auctions this autumn to unlock EU investment in green hydrogen production and development.
“The Commission is currently designing the first pilot auctions on renewable hydrogen production, which will be the first financial instrument of the European Hydrogen Bank. These auctions will be launched within the scope of the Innovation Fund in autumn 2023, with a dedicated budget of 800 million euros”, announces the community executive, in an information released today to the press.
READ THE FULL NEWS "JOURNAL ECONOMICO"
This fuel is clean and renewable, produced from renewable energy sources such as solar, wind or hydropower . Green hydrogen is considered a promising investment for the future, as it can help transition to a low-carbon economy.
In this article, we are going to explore the topic of green hydrogen as an investment in depth.
What is green hydrogen?
Green hydrogen is produced through the electrolysis of water, using electricity generated from renewable energy sources. During this process, water is split into hydrogen and oxygen, and the hydrogen is collected as fuel. Green hydrogen is called "green" because it is produced without carbon dioxide emissions or other harmful pollutants to the environment. Green hydrogen can be used in several sectors, such as transport, industry and electricity generation.
One of the main advantages of green hydrogen is its high energy efficiency. When used in electric vehicles powered by hydrogen fuel cells, green hydrogen offers a longer range than conventional batteries and a much faster recharge time. In addition, green hydrogen can be stored in large quantities and used as a source of energy for electricity grids in times of high demand.
Invest in green hydrogen
Investing in hydrogen stocks is an option for those who want to participate in this promising sector of the future. Governments are encouraging the use of green hydrogen in their energy and environmental policies, and major companies are investing in green hydrogen production technologies and fuel cell vehicles.
Advantages of investing in hydrogen stocks
Investing in hydrogen stocks offers several advantages, such as: Essential sector of the future
Hydrogen is seen as an essential sector of the future.
The world is already starting to move away from fossil fuels because of the pollution they cause, and hydrogen has an advantage, especially as climate change is becoming more and more evident.
inexhaustible energy source
Hydrogen is an inexhaustible energy source, which means there will always be a demand for this fuel. Hydrogen is produced from renewable energy sources such as solar, wind or hydropower.
responsible investment
Investing in hydrogen is a way to protect the environment and participate in environmental protection. By choosing hydrogen, investors offer the best way to earn profits while benefiting the world.
This sector is suitable for investors looking to diversify their portfolios, as hydrogen stocks are not limited to a single industry or country. In addition, investors looking for innovative companies with growth potential can find great opportunities in the hydrogen sector.
When investing in hydrogen stocks, it is important to research and select companies with a strong presence in the industry and a proven track record of innovation and technology leadership.
Some leading companies in the industry include Plug Power, Bloom Energy, Ballard Power Systems, NEL ASA and Air Liquide . Another option for investors is to invest in exchange-traded funds (ETFs) that track the performance of the hydrogen sector, such as the Invesco WilderHill Clean Energy ETF and the Global X Hydrogen ETF .
These ETFs offer investors an easy and affordable way to gain exposure to the hydrogen industry by diversifying their investments across multiple companies. However, as with any investment, it is important to assess the risks involved and carefully consider the allocation of your investments.
The hydrogen sector is still under development and there are uncertainties regarding its large-scale adoption, which may affect the performance of companies in the sector. In summary, the hydrogen sector offers a number of investment opportunities for investors looking for diversification, innovation and growth potential. With the launch of the first pilot auctions by the European Hydrogen Bank and the growing market interest in clean and renewable technologies, it is possible that the hydrogen sector will continue to perform well in the future. However, it is important to carry out careful research and assess the risks before making any investment decisions.