According to a new study, domestic financial institutions should actively seek out and use excellent hydrogen-related companies when making lending and investment decisions.
To meet the 2050 carbon-neutrality goal, financial institutions should lend and invest money in hydrogen-based economies, according to the report’s authors.
When discussing the “Hydrogen Economy: The Emergence and Implications of a New Paradigm,” Woori Financial Management Research Institute stated that “it is necessary to discover and monitor excellent distribution companies with growth potential and using a large market size.”
Since carbon neutrality has emerged as a global paradigm, financial institutions are being urged to actively support businesses that are risking their livelihoods to advance related technologies. The report concentrated on the distribution sector in particular. It has a bright future ahead of it. In fact, the government plans to expand hydrogen charging stations within 15 minutes of downtown by 2040 in order to meet the growing demand for hydrogen. It has tripled from 31 charging stations in 2019 to 89 this year, and it is expected to grow to 1,200 by 2040.
From 10,000 units in 2020 to 3.75 million by 2040, the capacity of hydrogen vehicles will also go up from 2,000 to 5.75 million tons,” according to the report. looked forward to what was to come As the tube trailer system becomes more common, “the distribution sector is expected to grow to about 10 trillion won, centered on charging stations and high-pressure storage containers.” 7 trillion won is expected to be spent on high-pressure storage containers.
“The distribution sector is currently small, but it will show rapid growth as the production technology for a core element called carbon fiber is secured,” the report stated, based on this analysis.
