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Nucera has been difficult to evaluate from its inception, with experts estimating a range of 3 billion to 6 billion euros ($3.4 billion to $6.8 billion) for the company, reflecting the uncertainties surrounding the expanding hydrogen industry.

It is, however, an “essential” shift that must include the electrification of processes with a green power certificate, as well as the use of alternative biofuels and hydrogen, “which promises to be the fuel of the future” in difficult-to-reduce sectors like freight transport.