The global power industry experienced a 56% drop in company filings mentions of hydrogen in Q2 2023 compared with the previous quarter, with the highest share accounted for by LONGi Green Energy Technology with 47% year-on-year increase, according to GlobalData’s analysis of over 142 power company filings. GlobalData’s Hydrogen in Power – Thematic Research report assesses strategies and initiatives adopted by power companies to gain a competitive advantage in the hydrogen sector, key trends and the leading companies in the market. Buy the report here.
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Notably, hydrogen was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of digital media and blockchain, according to GlobalData.
Of the top leading companies in the power industry, LONGi Green Energy Technology had the greatest increase in references for hydrogen in Q2 2023, compared with the previous quarter. GlobalData identified 28 hydrogen-related sentences in the company's filings - 3% of all sentences - and an increase of 47% in Q2 2023 compared with Q2 2022. Enel’s mentions of hydrogen dropped by 17% to 24 and Uniper’s by 15% to 23 and AES’s by 1100% to 12.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for hydrogen in Q2 2023 was 112.
For further understanding of GlobalData's Hydrogen in Power - Thematic Research buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
