Sunday 29 May 2022

Aberdeen International (TSX:AAB, F:A8H) and AES-100 Inc. Identify Nuclear Plants as Additional Market Potential for Its Hydrogen - Bloomberg

Aberdeen International (TSX:AAB, F:A8H) and AES-100 Inc. Identify Nuclear Plants as Additional Market Potential for Its Hydrogen - Bloomberg

Nuclear plants appear to be a perfect component to produce green hydrogen, while ensuring the nuclear plants power output to be stable and therefore maximizing efficiency. Excess electricity and steam produced by the nuclear reactor could be used to produce hydrogen in times when a reactor would have to be tuned down due to less demand from the grid. The European Union imports 55% of its energy ($350 billion) and has a goal to cut its GHG emissions to 40% below 1990 levels. Therefore, nuclear power will remain an important part of Europe's Green Energy output and could transform into a major piece in the hydrogen strategy. AES-100 Inc. will continue to investigate opportunities and markets for hydrogen.



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