Tesla has played a major role in ensuring that carmakers around the world are now stepping on the gas in developing e-cars. However, the next revolution is now in full swing: hydrogen. Hardly a week goes by without new headlines being written around the (green) hydrogen and more and more companies wanting to participate in this trend. In addition, billions in government grants are in the pipeline. With the index certificate on the Global Hydrogen Index investors can participate.
Hydrogen trucks and buses are already being tested in many places. According to a study by McKinsey in 2017, around 30 percent of trucks in the heavy-duty and long-haul sector could be powered by (green) hydrogen.
“Green hydrogen is the crude oil of tomorrow,” said Federal Research Minister Anja Karliczek, and green hydrogen should make an important contribution to achieving climate goals. The considerations have long since gone beyond road traffic. In ships and trains as well as in industry, the fuel cell could be used in the long term as well as in industry. ThyssenKrupp plans to replace coal with green hydrogen in the medium term. The industrial group wants to build more electrolysis plants for the production of “green” hydrogen. Effective immediately, ThyssenKrupp recently announced that electrolytic cells with a total output of up to one gigawatt could be manufactured. In addition, ThyssenKrupp and RWE signed a contract for the supply of green hydrogen for the blast furnaces in Duisburg.
In the coming years, the German government wants to support the development of hydrogen technology with funding and investments of seven billion euros. The EU Commission is even planning to invest 470 billion euros in “hydrogen” over the next 30 years. A large part goes into the production of green electricity capacities. In the first four years alone, the strategy envisages the provision of around 6 gigawatts of new electrolyzer capacity for the production of green hydrogen. This capacity is said to enable the production of one million tons of green hydrogen. In 2030, the Commission expects green hydrogen to become a mature technology that will then be used in all “sectors that are difficult to decarbonize”. Linde recently launched a hydrogen offensive with investments in hydrogen specialists. The specialist for industrial gases today signed a letter of intent with a subsidiary of China Power to develop and expand so-called green hydrogen technology, specifically Beijing Green Hydrogen Technology Development.
The Global Hydrogen Index currently contains 17 companies that are active in the development and production of hydrogen drives, fuel cells or systems for electrolysis. Air Liquide, Ballard Power, FuelCell Energy, Linde and Nel are currently included in the index. The net dividends are reinvested and the index is reviewed every six months, stocks are supplemented and balanced if necessary.
The HVB Open Index Certificate takes part in the performance of the Global Hydrogen Index (Net Return) one-to-one and indefinitely. Please note that the product is a UniCredit Bank AG bond. In the event of bankruptcy, i.e. insolvency or over-indebtedness, there may be losses or even total loss.
|HVB Open End Index certificate|
|Underlying||Global Hydrogen Index (net return)|
|ISIN / WKN||DE000HVB4H28 / HVB4H2*|
|Repayment date||Open end *|
|Selling price||EUR 120.34|
|* The issuer, UniCredit Bank AG, is entitled to terminate the certificate properly and repay it at the respective repayment amount. Information on how the product works ; As of July 16, 2020 |
>> Further information on the product at: onemarkets.de/HVB4H2
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This information does not constitute investment advice, but an advertisement. The public offer is made exclusively on the basis of a securities prospectus that has been approved by the Federal Financial Supervisory Authority (“BaFin”). The approval of the prospectus is not to be understood as a recommendation to purchase these UniCredit Bank AG securities. The prospectus including any supplements are decisive and the Final Terms. It is recommended that you read these documents carefully before making any investment decision in order to fully understand the potential risks and opportunities when deciding to invest. You are about to purchase a product that is not easy and can be difficult to understand.
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The contribution of hydrogen – hope is booming! first appeared on onemarket’s blog (HypoVereinsbank – UniCredit Bank AG).
Author: Richard Pfadenhauer