Specifically, Shell announced in July of this year that it will start building Europe’s largest renewable hydrogen plant. While most people know Shell (NYSE: SHEL) as an oil and natural gas giant, the company not too long ago generated headlines for its hydrogen-based initiative.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Best Hydrogen Stocks: Shell (SHEL) Therefore, investors ought to consider the best hydrogen stocks to buy now. The bottom line for many companies is that the days of exclusive hydrocarbon hegemony may be ending. This dynamic alone bolsters the case for the best hydrogen stocks to buy now. For instance, Europe’s dependence on Russia energy inflows hampers its ability to pivot quickly to clean energy. and China over Taiwan, energy resources and supply chains have become one of the most critical talking points. Indeed, it can be transformed to electricity and methane, driving myriad applications.įrom Russia’s invasion of Ukraine to dramatically escalating tensions between the U.S. According to the International Energy Agency, hydrogen – which is the most abundant element in the universe – is also incredibly versatile. While betting on the future of energy is always a risky proposition, those with some extra pocket change may want to consider the best hydrogen stocks to buy now.
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