Clean Energy Demonstration Projects Database
by Admin
Posted on 13-05-2024 01:30 PM
The Future of Hydrogen
Wolftank group , an austria-based company specializing in tank facilities and refueling technologies, could see its stock price soar by as much as 140% over the next 12 months, according to investment bank metzler.
The bank believes as europe invests heavily in hydrogen infrastructure, with public investment budgets ranging from millions to the billions across various countries, the germany-listed company is well-positioned to capture a slice of this growing market. Metzler's analysts have a price target of 23 euros ($24. 80) for wolftank, which means the stock could more than double from the current share price of around 9.
The process of using renewable electricity such as wind or solar power to split water and produce hydrogen in an environmentally responsible way—that’s the definition of the sustainable energy production technology that may be reaching a tipping point: green hydrogen. After decades of being considered a technology of the future, it's finally becoming a reality, promising to become an important driver of a worldwide green energy transformation. In fact, many believe green hydrogen is emerging as one of the most interesting technologies to help countries and companies achieve net-zero goals. In europe and the u. S. , the green hydrogen boom is exploding.
This is a new entry in the hydrogen colour charts and production has yet to be proven at scale. Turquoise hydrogen is made using a process called methane pyrolysis to produce hydrogen and solid carbon. In the future, turquoise hydrogen may be valued as a low-emission hydrogen, dependent on the thermal process being powered with renewable energy and the carbon being permanently stored or used.