Home Ā» Thyssenkrupp’s hydrogen subsidiary goes public

Thyssenkrupp’s hydrogen subsidiary goes public

by admin
Thyssenkrupp’s hydrogen subsidiary goes public

Nucera expects strong growth from the climate-neutral production of hydrogen. During electrolysis, water is split into its components, hydrogen and oxygen, with the help of electricity. If the electricity was previously generated in a climate-neutral manner, for example with wind turbines or solar cells, the hydrogen is called “green”.

Thyssenkrupp Nucera also builds plants for chlor-alkali electrolysis – this area is, so to speak, the conventional bread-and-butter business. The chlorine produced with these systems is used, for example, to purify drinking water or as a base material for chemical companies. While this area is profitable, alkaline water electrolysis is still in the investment phase – this area is expected to post a profit for the first time in the 2024/25 financial year. The Nucera fiscal year always runs until the end of September.

See also  Belts fastened on the markets: US inflation is on its way. Volatility is announced

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy