Germany leads Europe in hydrogen patents and filling stations

June 30, 2020 //By Nick Flaherty
Germany has 84 active hydrogen refuelling stations compared to just 38 in the rest of Europe combined and dominates the number of patents filed
Germany has 84 active hydrogen refuelling stations compared to just 38 in the rest of Europe combined and dominates the number of patents filed

There are a total of 84 active hydrogen refueling stations in Germany, compared to just 38 in the rest of Europe combined, according to a new infographic from Block-Builders.de.

Germany is also leading Europe in terms of new hydrogen filling stations, with 21 stations currently under construction. The country with the second most H2 filling stations is Norway, with 6 active and 4 more in the construction phase. Germany also holds the most patents in Europe for the fuel cell sector. Only Japan and the United States of America are ahead of the Federal Republic in this respect.

The share price developments for several companies in the sector indicate that hydrogen shares are also on the rise. For example, ITM Power’s market value has increased by 958% in the last 5 years. The Nel ASA securities have similarly climbed 470% since the IPO in 2017.

www.block-builders.de

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