Christopher Gannatti: "Our take on hydrogen for the moment is one of reasonable optimism"

WisdomTree's Christopher Gannatti wrote, "Our take on hydrogen for the moment is one of reasonable optimism, recognizing the benefits but at the same time not getting too excited too quickly."

Under the headline "We Need Energy Storage... And Companies Are Responding," Christopher touches upon heavy vehicle transport and writes, "It is an area of active debate and development regarding the best way to decarbonize heavy-duty trucks:

"Current lithium-ion battery technology could work, but batteries would be very heavy, and the need to stop for charging could prove a challenge on longer-haul trips. Charging massive, semi-truck-sized batteries could also take much longer than charging batteries for passenger cars.

"Hydrogen offers interesting alternative benefits, but currently, the discussion should focus on the supply chain. First, the infrastructure of hydrogen fueling stations needs to be built out, securing the supply of hydrogen on major routes. Second, the production of hydrogen needs to be green, or else all the companies trying to use hydrogen as part of "net-zero" emissions plans would have to look elsewhere.

"Our take on hydrogen for the moment is one of reasonable optimism, recognizing the benefits but at the same time not getting too excited too quickly."

 

 

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