Plug Power Inc (PLUG): JMI - CORRECTION : JMI

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Jack_Bolander

Re: JMI post# 56093

Saturday, 04/06/2024 5:21:07 PM

Saturday, April 06, 2024 5:21:07 PM

JMI - CORRECTION :

JMI - Just 3 days ago you posted ,

"Interesting quote from the Hydrogen Council, referenced by ReutersEvents in their Notice of the upcoming " Hydrogen Investment - Strategies for Success":

" While the Clean Hydrogen Project Pipeline has grown to $570 Billion, just 7 % of Hydrogen Projects have secured Final Investment Decision."

Just shows you what the pent-up Demand is, and how much $$ is sitting and waiting for the Decisions on 45v, etc, that we are seeing daily here with the stagnant, low-volume Sector trading.

Tick tock......

Thanks !
smile
JMI"

To which I responded :

JMI - Actually 7% is pretty low.

The historical industry average for funding and completion of major capital projects in the energy sector is closer to 10%.

Another troubling sign : Project Delays in Australia, The EU and North America

Is the hydrogen Novelty beginning to fade ?