immagine del profilo
Thank you for the comments on Plow Power. Just sold with -47./. (-300€); and glad to have saved the rest. Thank you
1
immagine del profilo
@GiorgioCGN
Thank you for the nice feedback. But this is just my opinion based on the facts, of course. May I ask how you came to invest in Plug in the first place?
1
immagine del profilo
@Hannes_SK In the fall, I was looking for green hydrogen stocks. That's when I first came across Plug Power. Since I work in energy supply and understood that green hydrogen is a chance to make kilo neutrality by 2035, I also bought recommendation of a friend in February for 16€/pc. Plow Power and Nel ASA.
immagine del profilo
Nel ASA I still have; currently : -550€; Linde and Air Liquide have run super (purchase in October 2022)
immagine del profilo
@GiorgioCGN
Green hydrogen has potential. But probably also a highly overestimated potential on the stock market. I have also written 2 articles about this as contraindications. The thing behind it is that it is a highly hyped phenomenon, although the hydrogen market is an established segment in chemistry. But most of the market participants don't even know what hydrogen is, how it is produced and what the actual use behind it is, so when choosing what to buy, it's better to go with proven producers, like Linde and Air Liquide in your example. 😄
1
immagine del profilo
@Hannes_SK H2 from H2O (water) ; energy today causes CO2; energy from H2O dissolves the O and becomes H2 without involving C. = CO2 reduction
1
immagine del profilo
@GiorgioCGN
That is exactly where the problem lies. Steam reforming is to be replaced by electrolysis. But if I operate the electrolysis with the conventional electricity mix, it is only extremely expensive and inconvenient. The electricity from regenerative energy generators should not be used for other purposes. But the conversion of electrical energy to chemical energy is intensive. Therefore in principle unprofitable and economic nonsense, since one could use the electricity also directly. The question behind it: Why do I really need green hydrogen and how realistic is this goal? Here, the stock market valuations are wildly missing the reality.
1
immagine del profilo
@Hannes_SK is exactly the same, for that you need electricity, which you "want" neither from nuclear power nor from lignite and hard coal. Photovoltaics and wind turbines do not have the reliability and the power for the quantities that are needed.
immagine del profilo
@GiorgioCGN
I agree in that wind and solar power are unreliable, so there can be no base load. Electricity will at least become a scarce commodity in Germany, whereupon we will have to import electricity at a high price. For years, I have therefore believed that the use of RNG, i.e. renewable natural gas, should be promoted. Biogas plants, as well as animal masts and also waste incineration plants would be available for this purpose.
1