Green hydrogen won’t solve all our problems. In the short term, stimulus money is probably best spent on humdrum activities that get less-skilled labor moving, such as insulating houses and installing them with solar panels. In the long term, though, hydrogen offers a way out of our triple crisis of weak post-coronavirus demand, a foundering energy sector, and climate change.
As well as assessing alternative renewable technologies such as power-to-methane, the white paper looks at power-to-hydrogen to help California achieve its goals.
Plug Power is in advanced negotiations to acquire United Hydrogen. Plug Power owns a convertible bond in United Hydrogen, which could represent over 30% equity ownership on a converted basis. United Hydrogen is the first independent company that brings a full suite of experience in production, distribution and logistics of liquid hydrogen, similar to industrial gas companies.