A multi-trillion-dollar hydrogen boom is underway.
Better, with plenty of catalysts ahead of it, the hydrogen story has only just begun. For one, Raymond James’ analyst Michael Glen, for example, just said 2021 could be a “watershed moment” for hydrogen. In fact, he expects to see far more hydrogen-related announcements going countries all around the world.
In addition, Joe Biden is bullish on green energy, and just rejoined the Paris Accord. Three, even India is turning to green hydrogen to decarbonize its economy, according to CNBC. In addition, “by 2050, nearly 80% of India’s hydrogen is projected to be ‘green’ – produced by renewable electricity and electrolysis,” according to a report from The Energy and Resources Institute, as also noted by CNBC.