Northland's Crystal BallGreen Hydrogen. Even before the recent geopolitical event, the vision for green hydrogen was firmly established.
To have commercial scale production is expensive. However recent events added support for the industry, which assumes higher prices for natural gas and emerging energy security concerns as the new norms.
Northland's intent to participate in this industry is timely.
Governments have now included green hydrogen targets in their strategies for net-zero and for reducing dependence on Russian gas supply.
Companies in heavy industries where emissions are hard-to-abate have announced in recent weeks major deals for green hydrogen.
High Natural Gas Prices Could Lift Green Hydrogen Investment | OilPrice.com