Largest hydrogen facility to be built with $4Bn investment from AES.N and APD.N.
In the United States, in Texas, Air Products and AES Corp, are investing around four billion dollars, to create the largest green hydrogen facility in America.
The start of this plant, is said to be operational by 2027, with a 200 metric ton capacity per day. This will make it a huge advancement in the production of green hydrogen and its applications.
This is great news for investors in the raw materials, as it will create an upward trend in the industry and therefore a good hope for rising prices.
How do these investments affect your investments?
Hydrogen energy is a promising energy source that has the potential to reduce our dependence on fossil fuels and reduce carbon emissions. Hydrogen investments can be in the form of direct investments in hydrogen-related businesses, such as those involved in the production of hydrogen fuel cells, or indirect investments such as those in companies that are developing new technologies for the storage and use of hydrogen energy.
Investing in hydrogen energy can be risky, as the technology is still in its early stages and the costs associated with it can be high. However, the potential rewards from such investments can be substantial, as the hydrogen economy is expected to grow significantly in the years to come.
These investments, made by huge companies, are a big sign of the promise that this raw material has. And shows a rather long-term approach into the strategy of investors.
As it takes years to build the plants and take them into operation, as seen in the case of AES Corp and Air Products, it will not have a direct significant impact on the pricing at this current time.
Are the hydrogen plants viable for the future?
The hydrogen plants, currently being built are running on other forms of raw materials like natural gas or carbon demanding gases. But the future is the net carbon neutrality energy.
This is why the investments go beyond hydrogen into solar and wind, to produce these low-carbon means of production of raw materials through electrolysis and others.
Should I invest in hydrogen because of the hydrogen facilities?
Many investments into the hydrogen world are done on a regular basis. This is always a good sign for investors, when looking towards a future-safe investment.
Just like hydrogen, raw materials that get many new fundings for research like rhodium and silicon are interesting investments, because of their potential. They often show an upward trend in their pricing and if you beat the bunch you get a nice deal on your investment.