Close menu

December 27th, 2022 | 09:47 CET

Hydrogen shares - Environmental technology to take off in 2023: Plug Power, dynaCERT, ThyssenKrupp and Uniper

  • Hydrogen
  • climatechange
  • GreenTech
Photo credits:

As we look ahead into the new year 2023, hydrogen technology could positively contribute to the energy transition for the first time. The key factors are the stroke rate, the price and the quantity that can be generated in an environmentally friendly manner to industrial standards. Plug Power, one of the market leaders in modern fuel cell systems, will bring H2 technology to market in large-scale production. Canada's dynaCERT is already delivering good H2 augmentation systems, and Germany could once again become an engineering hub. Where are the opportunities for investors?

time to read: 4 minutes | Author: André Will-Laudien
ISIN: PLUG POWER INC. DL-_01 | US72919P2020 , DYNACERT INC. | CA26780A1084 , THYSSENKRUPP AG O.N. | DE0007500001 , UNIPER SE NA O.N. | DE000UNSE018

Table of contents:

    Dirk Graszt, CEO, Clean Logistics SE
    "[...] We can convert buses and trucks to be completely climate neutral. In doing so, we take a modular and incremental approach. That means we can work with all current vehicle types and respond to new technology and innovation [...]" Dirk Graszt, CEO, Clean Logistics SE

    Full interview


    Plug Power and ThyssenKrupp - It is the pace that counts

    When looking for industrial relevance, one comes across Plug Power in the US and the technology powerhouse ThyssenKrupp in Germany. Joe Biden's programs for the future hold out the prospect of funding totaling USD 450 billion. It is now essential that the public sector, via the local authorities, decides on and implements appropriate investments. Plug Power will land some of these projects with its fuel cell technology, as the US company has already successfully implemented large projects at Walmart, Lidl, Amazon and Home Depot. As of the third quarter of 2022, Plug Power reported an order backlog of 1.5 gigawatts and a revenue potential of more than USD 25 billion by 2030. Major projects are now coming on stream with well-known partners such as Renault (HYVIA), Korea's SK Group and Australia's Fortescue Futures. In the US alone, the climate protection measures included are expected to lead to a reduction in harmful CO2 emissions of around 40% by 2030 compared with 2005.

    German technology company ThyssenKrupp has launched Nucera, a hydrogen subsidiary. Although the IPO has been postponed for the time being, the Company is already active worldwide with its partner. Nucera is heavily involved in Australia with PSG, and the partnership aims to develop industrial methods for hydrogen production. The world's smallest molecule can be used in a variety of ways, for example, as a base material for liquid ammonia and methanol, in methanation, as an energy source for fuel cells, as synthesis gas or for feeding into the natural gas grid.

    After a good start to the year in 2022, Plug Power shares experienced a real sell-off with a loss of 56%. After great euphoria, stock market players ultimately realized that public budgets would not be achieved so quickly and everything would take a little longer. ThyssenKrupp stock was still above EUR 10 in January and found itself at EUR 4.18 at the end of September. There is much to suggest that the losers of 2022 will take off again at the beginning of the year.

    dynaCERT - With good prospects into the new year

    Unfortunately, conventional diesel drives still dominate the transportation and logistics sector. However, the exhibitors at the last IAA Transportation in Hanover have quite different goals: They want to lead truck transport into a climate-neutral logistics era. This requires a willingness to invest and appropriate technological support.

    For the Canadian technology company dynaCERT, there have recently been some notable successes in the distribution of its hydrogen solutions HydraGEN and HydraLytica. The ready-to-sell solutions reduce emissions from diesel vehicles and couple operational data with recording via software for later receipt of carbon credits. The technology from dynaCERT is an "H2-on-demand" solution that can transition existing fleet associations to a world of reduced climate gases. A boost for dynaCERT could be VERRA's anticipated certification of its technology, as their global standards and frameworks serve as a linchpin for channeling funding into activities that address some of the most pressing environmental issues of our time.

    By year's end, the Company reported a veritable run on its partially modified systems, which are used in public transportation vehicles and trucks, mining vehicles, oilfield drilling rigs, power generation facilities and rail vehicles. dynaCERT's sales division continues to build momentum in these sectors and is exploring additional markets to reach a diversified user base with a global impact. CEO Jim Payne comments, "Our team of engineers and staff have worked tirelessly to ensure our product line can meet a variety of needs and that it is robust enough to withstand the rigorous challenges of deploying our technology in harsh operating conditions around the globe."

    From Triple-A Analytics GmbH of Austria came another environmental award under the United Nations' global sustainability standards, the Smart Sustainable Company Rating Seal. The hoped-for VERRA certification could also be released at any moment, which will likely give the stock a major boost. DYA shares currently cost about EUR 0.12 and have a market capitalization of only EUR 44 million. That is less than has been invested in the development of future technologies in recent years.

    Uniper - On the way with hydrogen for some time now

    The hard-hit Uniper Group is also playing a role in the hydrogen sector. In order to make the European electricity mix greener, it is trying to gradually decarbonize everything that is electrically powered. Without question, the key to the successful use of hydrogen is that the gas is produced in a CO2-free process. Uniper has been using wind energy to produce 100% green hydrogen for nearly a decade. The Company now plans to turn its three existing plants, Wilhelmshaven, Maasvlakte (Netherlands) and Killingholme (United Kingdom), into veritable hydrogen centers. All three have access to the sea and thus the possibility of using offshore wind power to operate electrolysis plants.

    Now that the German government has decided to rescue the Company, it is, of course, questionable whether the H2 gigawatt plans can still be turned into reality. Because at the moment, Uniper is fighting for sheer survival because of its gas imbalance. In Wilhelmshaven and Maasvlakte, it is possible to unload imported hydrogen and low-CO2 ammonia, which can be converted into hydrogen, from ships. Wilhelmshaven alone could thus cover about 15% of Germany's hydrogen demand by 2030. It remains questionable whether the necessary financiers can still be found for the immense investments in the current bailout mode.

    The fight against global warming is becoming increasingly urgent because the change in global weather is noticeable. Minus 45 degrees in the northeastern United States is as unusual as 15 degrees at Christmas in Germany. Hydrogen stocks were among the shooting stars in 2021 - there is much to suggest that the sector could rally again in 2023.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.

    Der Autor

    André Will-Laudien

    Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

    About the author

    Related comments:

    Commented by Stefan Feulner on June 7th, 2023 | 08:45 CEST

    BYD, Globex Mining, First Hydrogen - Breakthrough results

    • Mining
    • RareEarths
    • Hydrogen
    • Electromobility
    • fuelcell

    Despite all the prophecies of doom, the world's stock markets are continuing their upward trend; neither the strict monetary policy of the central banks nor the geopolitical uncertainties have slowed them down so far. Among individual stocks, several companies have reported positive surprises in recent weeks, which should lead to further price increases in the long term. Due to the general correction in recent months, there are attractive entry opportunities, especially in the technology and mining sectors.


    Commented by André Will-Laudien on June 7th, 2023 | 08:30 CEST

    Billions with Artificial Intelligence? Nvidia, Grid Metals, Deutsche Telekom, Apple - Short sellers spotted!

    • hightech
    • GreenTech
    • Metals
    • AI

    The stock market is not a one-way street. Some investors have recently experienced this firsthand. Because in the "ups and downs" of sentiment, new trends are constantly emerging. The biotech sector, for example, has been falling for more than a year, and the charts keep reaching new lows. In 2020, cannabis stocks made a splash, with the related index, POT, increasing tenfold since 2018 to about 1100 points. However, yesterday it reached a new all-time low with 45.5 points or a 95% loss. Currently, investors are trying to ride the wave of "Artificial Intelligence" (AI), with stocks like, Nvidia, Microsoft, and Palantir all performing well in 2023. A new megatrend is underway here that, according to experts, will continue for several years. How long this boom will yield returns is unknown, but these stocks are currently performing strongly.


    Commented by André Will-Laudien on June 6th, 2023 | 07:45 CEST

    Climate Crisis: Copper is the new oil! BYD, Orestone Mining, Ford, Nio - 100% acceleration in Greentech

    • Mining
    • Copper
    • Electromobility
    • GreenTech

    At the beginning of May, analysts at Bank of America declared a new "super cycle" for basic and raw materials. What they mean by this is that a whole series of important materials will be in great short supply for years. The prime example is the red metal copper. The price of the industrial metal has almost doubled in the past 12 months. It is currently quoted at around USD 8,350 per tonne, not far from the historic high of USD 10,750. During the pandemic, the metal briefly fell to USD 4,500. Currently, however, forecasts are once again pointing upwards. Bank of America expects the price to more than double again to around USD 18,000 in the next three years. We take a look at some hot stocks.