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.
For further details see:
Fusion Fuel: EU Decision On Nuclear Hydrogen Changes My Outlook From Strong Buy To Hold