decarbonization
Commented by Nico Popp on June 6th, 2025 | 07:05 CEST
Hydrogen enters critical phase – New momentum ahead? thyssenkrupp, Plug Power, First Hydrogen
Developments at Thyssenkrupp, which is soon to be restructured as a holding company, show what lies ahead for German industry – the sale of previously important divisions has long been decided. There are several reasons for the radical restructuring in German industry – the energy transition, competition from China and other countries, and new technologies. Hydrogen, in particular, is considered the key to decarbonizing energy-intensive sectors. Experts at Straits Research estimate that the market for green hydrogen could grow from USD 1 billion in 2021 to a whopping USD 72 billion by 2030. That is 55% growth every year. Given these figures, one thing is clear: the cards in the hydrogen economy are being reshuffled – we explain which stocks stand to benefit.
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