Aberdeen International believes the hydrogen sector is on the verge of a breakthrough due to the clean tech revolution and its economic advantages over incumbent fuelling technologies.
Hydrogen’s high energy to mass ratio makes it particularly suitable for heavy-duty, long-distance road freight, maritime and aviation applications, and industry analysts forecast demand for hydrogen to grow to 575 million tonnes per year by 2050 in a market worth more than $1 trillion, Aberdeen International said.
The global resource investment company and merchant bank is focused on small capitalisation companies in the mining and metals and renewable energy sectors.
Aberdeen International said it is now augmenting its investment strategy with a larger focus on renewable energies, particularly the hydrogen sector.
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