NEL ASA UNSP/ADR

The global hydrogen energy storage market is expected to reach $31.04 billion by 2033, growing at a CAGR of 7.2%. The market is driven by increasing demand for clean energy solutions, government incentives, and corporate interest. However, high production costs, limited infrastructure, and regulatory uncertainties pose challenges to the industry.

Related tickers: AIQUY, APD, CMI, ENGIY, XOM, HYZN, HYZNW, LIN, TOT, TTE, WOR, NLLSY.

The global hydrogen market is expected to grow at a CAGR of 7.63% from 2024-2029, driven by increasing demand for hydrogen-based fuels, focus on industrial decarbonization, and ongoing developments in steel and power generation industries. Key factors include investments in cleaner production methods, surging interest in 'green hydrogen', and the flexibility of hydrogen in energy storage and release.

Related tickers: BP, APD, LIN, FCEL, AIQUY, NLLSY.