The Texas Cold Blast Was A Warning To Hydrogen Investors
The Texas storm has exposed an energy grid ill-prepared for climate change, with electric grid regulators now saying that the United States needs to rapidly develop vast supplies of power storage--including giant batteries and hydrogen storage. So, it might be wise for investors to avoid any fear associated with the wild valuations of hydrogen stocks.
Leading hydrogen companies like Plug Power Inc. (NASDAQ:PLUG), Bloom Energy Corporation (NASDAQ:BE) and Ballard Power Systems (NASDAQ:BLDP) could still be prime long-term investment candidates despite currently trading at stratospheric valuations.
Read original full article