BSEA - Fusion Fuel Well-Positioned For EU Adoption Of Green Hydrogen
- As the EU moves to rid itself of reliance on Russian energy, it is increasingly betting on renewables. Conversion of renewables to hydrogen is seen as an energy storage solution.
- Fusion Fuel currently produces green hydrogen from solar power. Minimal production is set to be ramped up in the coming years. It also sells the technology to other firms.
- The emerging green hydrogen industry is set to benefit from massive EU funds, as well as political support.
- Risks include being out-competed by cheaper hydrocarbons-derived hydrogen, as well as competing green technologies, including wind-powered electrolysis projects.
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Fusion Fuel Well-Positioned For EU Adoption Of Green Hydrogen