HYDROGEN ECONOMY INDEX (H2X) – Rebalance for Latter Q1 2024. 59 COMPONENTS

Hydrogen Index (H2X) – components Theme Sector Activity
Aker Horizons ASA Green hydrogen & ammonia, wind, CO2 capture. HI NORWAY
Alfa Laval Heat exchangers for green H2 production, electrolyzers. HS SWEDEN
Arcadis NV H2 network, Netherlands, Europe, in planning. HI NETHER.
Ballard Power Systems Inc Fuel cells, H2 in buses, trucks, trains, backup power etc. HT CANADA
Belden DC power from fuel cells, or intermittent wind & solar. FC USA
Bloom Energy Corp Fuel cells, SOFC high temps can use variety of fuel sources. FC USA
Brookfield Renewable Energy Teaming to produce green hydrogen from hydroelectricity. HI USA
Ceres Power Holdings PLC Fuel cells, high SOFC temperature allows variety of fuels. FC UK
Chart Industries Liquid hydrogen, storage and transport expertise. HS USA
China Datang Renewables Wind & hydro in China, that’s developing H2 projects. HG CHINA
Chung-Hsin Electric Fuel cells. Hydrogen, methanol reformers. HG TAIWAN
Compagnie Plastic Omnium H2 storage, high pressure tanks, vehicles, fuel cells. HT FRANCE
Corp. Acciona Energias Renov. Green H2, new GreenH2Chain to ensure green H2 origins. HI SPAIN
Doosan Fuel Cell Fuel cells, high temperature for a variety of fuels. FC S. KOREA
Fluence Energy Energy storage software, hardware for green H2 on grid. HI USA
Fuelcell Energy Inc Fuel cells, high temperature so over range of fuel sources. FC USA
Furuya Metal Electrolysis, green H2, iridium coating for electrodes. HG JAPAN
Gevo Inc Biofuels, energy dense net-zero carbon liquid fuels. HG USA
Greenvolt Energias Biomass to hydrogen without need for combustion. HG PORTUGAL
Hanwha Solutions H2 storage, refueling vehicles, drones, aerospace. HS S. KOREA
Hyosung Advanced Materials Advanced composite materials for hydrogen tanks. HS S. KOREA
Hyster-Yale Lift trucks, powered cleanly by hydrogen fuel cells. HT USA
Iljin Hysolus Compressed hydrogen tanks for fuel storage. HS S. KOREA
Infineon Technologies Power electronics, in green hydrogen, wind, solar. GH GERMANY
ITM Power PLC Fuel cells, PEM; electrolyzer manufacturing green H2. GH UK
Johnson Matthey Catalyst-coated membranes, in fuel cells, electrolyzers. FC UK
Kolon Industries Membranes, fuel cell PEMs, MEA commercialization. HI S. KOREA
LEM Holding Power measurements, better fuel cell efficiencies. FC CHINA
Littelfuse Hydrogen & fuel cell sensors, temperature probes. HS USA
Lotte Fine Chemical Green hydrogen, production launch, ammonia. GH S. KOREA
Nel ASA Electrolysis for H2 from water, using alkaline and PEM. GH NORWAY
Neoen SA Water Electrolysis and renewable energy for green H2. HG FRANCE
Neste Oyj Renewable hydrogen and diesel, SAF, but some fossils. HG FINLAND
Nexans SA Cables, can carry both H2 + electricity, H2 pipelines. HT FRANCE
NFI Group Hydrogen fuel cell electric power in buses, HT CANADA
OCI N.V. Green Ammonia, building up from biogas, hydrogen. HG NETHER.
Orsted A/S Green hydrogen directly from wind power, early stage. GH DENMARK
OX2 AB Green H2 infrastructure, pipelines, generation in review. HS SWEDEN
Plug Power Inc Green hydrogen, and fuel cell systems in development. HI USA
Powercell Sweden AB Fuel cell systems, both clean H2 and fossils for fuels. FC SWEDEN
Renesas Electronics Hydrogen gas sensors, power controller systems. HG JAPAN
Renew Energy Global Green hydrogen activity, India, Egypt, elsewhere. GH INDIA
Resonac Holdings Corp Lower-CO2 hydrogen from used plastics; graphite uses. HI JAPAN
Scatec ASA Green Hydrogen produced by solar power. GH NORWAY
Schneider Electric SE Gas analysis, automation for advanced H2 storage. HS FRANCE
SKF AB Advanced bearings, for H2 by compressed transmission. HS SWEDEN
SMA Solar Technology Electrolyzer converters, green H2 from renewables. GH GERMANY
Spie SA Hydrogen in mobility, H2 production, distribution. HT FRANCE
Takaoka Toko Stabilizing the power grid, use of green H2 on grid. HS JAPAN
TE Connectivity Hydrogen pressure sensors, fuel cell connectors. FC SWITZER.
Tianneng Power Hydrogen, fuel cells, Li-ion and other batteries. FC CHINA
Toray Industries Membranes for H2 purification, generation, fuel cells. HI JAPAN
Toyo Tanso Graphite, nanotubes H2 storage, brushes in wind. HS JAPAN
Varta AG Hydrogen gas generating cells, ultrapure. HG GERMANY
Verbio Vereinigte Bioenergie AG H2 from biomethane, biofuels, agriculture. HG GERMANY
Wacker Chemie AG Green H2 from water using renewables, into methanol. GH GERMANY
Weichai Power Hydrogen uses in forklifts, fuel cell buses, Asia. GT CHINA
Wolfspeed High power fuel cell systems, SiC, GaN. HT USA
Yara International Green ammonia, H2 catapult aims for H2 <$2/kg. GH NORWAY

 

For Rebalance in latter Q1 2024
Additions for Latter Q1 2024: Hanwha Solutions, Hyster-Yale, Renesas Electronics, ReNew Energy Global.
Deletion for Latter Q1 2024: Dae Myoung.
Equal Weight = 100/59 = 1.694915254% each.
Hydrogen Index Sector #
FUEL CELLS (FC) = 10
GREEN HYDROGEN (GH) = 10
HYDROGEN GENERATION (HG) = 11
HYDROGEN INNOVATION (HI) = 9
HYDROGEN STORAGE (HS) = 11
HYDROGEN in TRANSPORTATION (HT) = 8
TOTAL CONSTITUENTS = 59

 

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