Can a viable industry emerge from the hydrogen shakeout?

Can a viable industry emerge from the hydrogen shakeout?

The Economist,

"Shorn of some of the hype, the hydrogen business is becoming more level-headed—and more promising"

Hydrogen is the most abundant element in the universe and a vast source of clean fuel. For investors, it is an equally rich source of hype. As parts of the world get a bit more serious about tackling climate change, hydrogen has emerged as an important part of global decarbonisation efforts. Over 1,000 hydrogen projects are under way worldwide, more than 350 of which have been announced in the past year. ...

On July 7th Thyssenkrupp Nucera, a pioneering manufacturer of electrolysers, giant machines used to make hydrogen by stripping it from oxygen in water, is expected to list in an initial public offering ...

The ipo is backed by a Saudi sovereign-wealth fund and bnp Paribas, a French bank.

Source:

(*) https://www.economist.com/business/2023/07/03/can-a-viable-industry-emerge-from-the-hydrogen-shakeout