Cleantech and Climate Change Podcast - Hydrogen Fuel Cell Stocks in the Green - (NASDAQ: PLUG) (NYSE: BE) (TSX: DYA) (OTCQX: DYFSF) (NASDAQ: ENPH)

January 20, 2022 (www.waternewswire.com) Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues a new hydrogen edition of the Cleantech and Climate Change Podcast.

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Hydrogren fuel cell stocks are some of the big winners in today's market turn around

with Plug Power Inc. (NASDAQ: PLUG) having a day's range of $21.53 - 23.32 and up over 8%. Bloom Energy Corporation ( NYSE: BE) has a day's range of $17.09 - 18.19 and is up 6.8% at the time of this podcast. dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) is up over 4% and Enphase Energy, Inc. (NASDAQ: ENPH) is up 5.6%.

A new report from ReThink Research looks at how hydrogen is going to transform the energy sector.

Hydrogen's worldwide economic explosion will prompt one of the largest shakedowns in energy history and will provide a last-gasp opportunity to decarbonize 25% of all energy consumption.

As more taxation is applied to carbon emissions, the rise in hydrogen production capacity will see it become the most cost-effective means of energy supply to sectors in all corners of demand.

These are some of the findings in Rethink's major new study, Hydrogen to clean up energy with $10 trillion spend which provides a global forecast of hydrogen, by demand through to 2050, with figures and pricing models across 21 key countries and 14 different industry sectors across the economy.

By the middle of the century, total investment of $10 trillion will have seen the cost of hydrogen fall by over 95% from levels seen in 2020, spurring a 10-fold increase in global demand. In total, 771 million tons of hydrogen will be required per year as the world heads towards net zero emissions on this timeline.

The journey has already started, with the report pointing to the massive acceleration in market activity over the past year alone, with new gigawatt scale projects and electrolyzer production facilities being announced week-on-week.

In just two years time, green hydrogen - produced by electrolyzers driven by renewable electricity - will undercut the cost of existing (and polluting) grey hydrogen supplies. By 2026, this will be the case worldwide, even in countries scrambling to make ends-meet from the last of their stranded oil and gas assets. This timeline is also neglecting any sudden breakthroughs that should come to lowering the cost of green hydrogen, which we expect may see costs fall significantly faster than those forecast.

Thanks, that's it for today. Do something good for this beautiful planet each and every day.

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