2 No-Brainer Hydrogen Stocks to Buy With $200 Right Now

Hydrogen power is often hailed as the ideal green alternative to fossil fuels since it can be produced using renewable energy like wind or solar to produce the electricity needed to split water into its component parts of hydrogen and oxygen. The hydrogen that is extracted is then used to power an engine and the only byproduct of the burned fuel is water. But being an ideal fuel hasn't been enough of an incentive for companies in this sector of the energy industry over the past decade, and many of the market's hydrogen stocks fizzled out.Industries have been slow to adopt hydrogen power because it currently costs more to produce hydrogen fuel than it does to extract and process oil or natural gas, and it was more cost-efficient to expand existing electrical grids than to build new hydrogen infrastructure. Inflation and elevated interest rates made hydrogen projects more expensive to fund and even less appealing.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool