HTOOW - Fusion Fuel: EU Decision On Nuclear Hydrogen Changes My Outlook From Strong Buy To Hold

Summary

• Faced with completely losing access to Russian gas, as well as due to environmental reasons, the EU decided to make a major bet on green hydrogen.
• Fusion Fuel is a startup with much promise in solar to hydrogen conversion, especially given all the financial support it has been receiving.
• A recent decision by the EU to tacitly accept nuclear to hydrogen as almost green may dampen Fusion Fuel's longer-term prospects somewhat.
• The one thing that it still has going is the fact that many countries in the EU are against nuclear power, therefore, nuclear-derived hydrogen will not be produced in excessively large volumes, leaving plenty of room for green hydrogen.

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