Hydrogen companies outlook

Hydrogen stocks are benefiting from momentum in the cleantech sector as the world moves closer to a green energy future.

As the world is moving forward with the green energy transition, hydrogen providers have been catching up the attention of investors. Hydrogen is a colorless gas that can be gained by means of steam-methane reforming or through the electrolysis, which consists of splitting water with electricity. Because of its nature, hydrogen is the most abundant element on earth and an endless recycling is possible. Hydrogen produces no carbon emission, but its present downside is that it is derived from resources that are not clean, i.e., coal (resulting in black/brown hydrogen) and gas (resulting in grey hydrogen).

When hydrogen is produced using a renewable-energy-powered electrolyzers to split hydrogen atoms from oxygen, then its process will result in green hydrogen.

According to the research done by “Grand View Research Projects”, it can be expected that the global green hydrogen market is to grow by circa 39% (annually) between for the next 7 years. By 2030, the total market size is in the region of USD 150 billion.

As of today, most companies active in the space of hydrogen are established in developed markets such as the US, Canada, Europe, and Australia. In all developed market countries, hydrogen related projects benefit from adaptive policies and government incentives such as tax credit for research and development of facilities.

Here is a list of the major players: