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Monday, 02/08/2021 2:31:04 PM

Monday, February 08, 2021 2:31:04 PM

Post# of 14495
FiveT view on hydrogen in a nutshell
The megatrend towards carbon-free energy carriers makes hydrogen a very logical next step. Aiming to build the hydrogen economy until 2050, expected to create significant benefits for the energy system, environment and business worldwide. Countries representing 70% of global GDP have passed a national hydrogen strategy of roadmaps. Rapidly falling costs for renewables and fuel cells as well as ambitious growth targets in national H2-strategies show a huge value-creation opportunity. With Power-2-Power, Power-2-Product and Power-2-Mobility, hydrogen enables countless possible applications. As-of-today, in particular material handling solutions have reached mass-market acceptability.

FiveT will establish strategic alliances with key industrial players. Companies looking for building a vertical integration of the supply chain could become typical strategic partners to co-finance hydrogen infrastructure projects along their growth-track.