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"Hydrogen is going to take 25% of all oil demand by 2050" Bank of America $BAC analyst says - Jan 22 2021 - 9:52 AM EST
Earlier this week, it was announced a subsidiary of German industrial giant Thyssenkrupp had been awarded an engineering contract to carry out the installation of an 88 megawatt water electrolysis plant for Hydro-Québec. The electricity for this project will come from hydropower. $BEP
A few days later, on Wednesday, Danish energy firm Orsted said it was pushing ahead with plans to develop a demonstration project which will harness offshore wind energy to produce green hydrogen.
https://www.cnbc.com/2021/01/22/hydrogen-will-take-25percent-of-oil-demand-by-2050-bank-of-america-analyst.html
Plug Power $PLUG to Source 100% Renewable Energy From Brookfield Renewable to Fully Power One of North America’s First ‘Green’ Hydrogen Production Facilities
https://www.ir.plugpower.com/Press-Releases/Press-Release-Details/2020/Plug-Power-to-Source-100-Renewable-Energy-From-Brookfield-Renewable-to-Fully-Power-One-of-North-Americas-First-Green-Hydrogen-Production-Facilities/default.aspx