Europe's Giant Bet on Green Hydrogen is Full of Holes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 17 2024
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Source: Bloomberg
- Hydrogen Hype in Europe:
- European policymakers are investing billions in hydrogen as a green fuel to meet climate targets.
- Challenges include the high cost of hydrogen compared to natural gas and safety concerns in bulk transportation.
- Germany is leading with plans for hydrogen-ready power plants and infrastructure, but there are uncertainties about the practicality and costs.
- Moving hydrogen poses challenges, with Germany planning to import liquid ammonia due to lack of infrastructure.
- The transition to green hydrogen faces skepticism due to inefficiencies, high costs, and limited projects reaching financial close.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
