Hydrogen shares struggled in 2022 amid inflationary headwinds
Hydrogen stocks rally after halving in 2022
Shares in listed hydrogen companies see strong weekly gains at beginning of the year
Shares in listed hydrogen companies have seen a strong start to 2023 after struggling over the past year amid a wider downturn in technology stocks. Stock markets have generally turned higher recently but energy storage stocks have been the best performing basket of listed companies for Danish online brokerage Saxo over the past week, according to a note published by Saxo’s head of equity strategy, Peter Garnry. Especially strong weekly gains have been seen for hydrogen and fuel-cell firms such as Plug Power (22.7pc), Bloom Energy (14.6pc), Ballard Power Systems (20.7pc), Nel (13.9pc) and Fuelcell Energy (13.9pc), although ITM saw a fall of 1pc. "This industry has seen quite some big orders
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Norwegian energy company has dropped a major hydrogen project and paused its CCS expansion plans as demand fails to materialise
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
