Following a surge in stock prices throughout 2020, the growth of the hydrogen energy sector looks set to maintain momentum throughout this year, financial services firm finnCap’s new quarterly energy report for the first quarter of 2021 states.

The report, titled ‘Hydrogen − this time it’s for real’ finds that recent gains differ from earlier hype cycles with factors such as government buy-ins, lower production costs, large-scale private partnerships and technological advancements having coalesced to assert hydrogen’s role in the energy transition.