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home / news releases / NEE - Forget Shipping Hydrogen ABB's HVDC Cabling Will Allow Long Distance Power Exports


NEE - Forget Shipping Hydrogen ABB's HVDC Cabling Will Allow Long Distance Power Exports

HVDC cable Source ABB

We are accustomed to shipping fossil fuels (coal, oil, natural gas) over long distances by ship, and there are a lot of companies involved in this process. The proponents of a putative hydrogen economy likewise plan to ship hydrogen. As both power and transport become electrified, there will be opportunities for new business in moving electrons rather than coal oil and gas (including hydrogen). This is already happening in Europe where an extensive HVDC (High Voltage Direct Current) cable network has been established. Here I consider opportunities emerging in Northern Australia

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Stock Information

Company Name: NextEra Energy Inc.
Stock Symbol: NEE
Market: NYSE
Website: nexteraenergy.com

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