ITM Power: a star of the green investor revolution | Summary and Q&A

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March 18, 2021
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ITM Power: a star of the green investor revolution

TL;DR

ITM Power is a world-leading green manufacturing company specializing in electrolyzers and renewable energy. They aim to achieve net-zero emissions through the production of green hydrogen.

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Questions & Answers

Q: How would you quantify ITM Power's commitment to sustainability?

ITM Power is a leader in the green economy, specializing in electrolyzers and renewable energy. The production of green hydrogen, the only net-zero energy gas, is the key factor in achieving a sustainable future.

Q: What will be the dominant power source for transportation after the ban on petrol and diesel cars?

Both electric and hydrogen power will play a role in the future of transportation. Plug-in electric vehicles will be suitable for short-range vehicles, while hydrogen will be used for heavy, long-range vehicles like buses, trucks, and trains.

Q: Can alternative energy sources like synthetic fuels compete with green hydrogen?

Green hydrogen, created through the splitting of water using renewable electrons, is the only net-zero molecule. Any sustainable fuel must start with green hydrogen. Synthetic fuels can be created by attaching other elements to green hydrogen, such as CO2 or nitrogen.

Q: How will the world source its energy in the future?

The future of energy sourcing lies in two forms: net-zero electrons and net-zero molecules. Renewable power is used to produce green hydrogen, the only net-zero molecule. Other sustainable fuels can be derived from green hydrogen, such as methanol, ammonia, and urea.

Summary & Key Takeaways

  • ITM Power is an important player in the green economy, focusing on manufacturing electrolyzers and renewable energy power supply.

  • The company is committed to not only environmental sustainability but also social responsibility and governance.

  • In the future, both electric and hydrogen-powered vehicles will coexist, with small vehicles using electric power and larger commercial vehicles relying on hydrogen.

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