"Top US Power Company Invests Big in Hydrogen Technology"

1 min read
Source: The Wall Street Journal
"Top US Power Company Invests Big in Hydrogen Technology"
Photo: The Wall Street Journal
TL;DR Summary

NextEra Energy, the most valuable power company in the US, is betting on hydrogen as its next growth area after investing early in wind and solar farms. The Florida-based company's market capitalization has soared to over $150bn from roughly $11bn over the past two decades. However, the economics of hydrogen as an energy source are unproven, making the new strategy a huge bet for the company.

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