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Stock impact report

From a Cold Start to a US$180 Billion Market by 2035 - Green Hydrogen is Set to Displace, Outpace, and Outgrow Polluting Alternatives [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
LONDON Nov. 14, 2024 /PRNewswire/ -- Green Hydrogen (H2) is the cleanest form of hydrogen production. It's produced by renewable energy with zero CO2 emissions. Though only 0.2% of hydrogen is produced today, green H2 will account for 27% of total hydrogen production by 2030 – and 55% by 2035. ABI Research , a global technology intelligence firm, forecasts that this explosive growth will drive the market for green H2 from US$10 billion today to US$180 billion by 2035, significantly displacing grey hydrogen as the primary driver of the market. "We're witnessing the start of a huge upheaval in what is already an established market," says Daniel Burge , Smart Energy Analyst at ABI Research. "Despite previously widespread doubt that green hydrogen would play a role in the energy transition, we're seeing committed investment – a global trend spearheaded by Asia-Pacific – in massive electrolysis productive capacity. Heavy industries, like petrochemical refineries and ammonia producers, a Show less Read more
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