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ITM Power

Investors’ Chronicle

orecasts for hydrogen demand for the coming decade have gone from “speculative to hopeful and, now, spectacularly bullish”. The European Commission alone will have to invest £86bn to fulfil its goal to turn half of all hydrogen used in the bloc “green” by 2030. Electrolysis-unit manufacturer ITM Power is well-placed to benefit from this. Profits are not expected until 2026, even if a quarter of the hydrogen goals established by governments are met, but