The future role of hydrogen in the HVAC sector

Could hydrogen prove to be key to achieving net-zero carbon emissions by 2050? HVAC specialist Philip Barker reports on the current state of the hydrogen market.

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Philip Barker
Published: 04 Aug 2021 Updated: 13 Apr 2023

Could hydrogen prove to be key to achieving net-zero carbon emissions by 2050? HVAC specialist Philip Barker reports on the current state of the hydrogen market.

Hydrogen Market

In the urgent race towards achieving the goal of net-zero carbon emissions by 2050, hydrogen looks set to play a significant role thanks to its versatility and efficiencies. In our latest industry report, HVAC specialist, Philip Barker, assesses how hydrogen and hydrogen-based fuels may prove to be a serious option for replacing fossil fuels, and the impact they’re having on the wider energy sector, particularly in HVAC.

“Hydrogen has the potential to be the solution for a cleaner future. It’s pleasing to see the increased activity in the sector as leading players bet on hydrogen as a key component of their future models. We expect this trend to continue driving developments in the market. In this newsletter we evaluate the pros and cons of hydrogen, and how the race towards a goal of net-zero carbon emissions by 2050 is powering rapid evolution in the energy sector, particularly in HVAC, and what this means for the future.” Philip Barker, HVAC Specialist

We also consider M&A activity in the green hydrogen sector, where recent transactions show an upturn in opportunities and interest, although this market can be a challenging one for investors. Our case study in this issue looks in detail at the global cooperation between FISCHER Fuel Cell Compressor and WEICHAI Power Company Limited, which has been agreed by FISCHER Spindle Group AG.

Finally, we review historical multiples in various global regions to get an insight into selected public company valuation trends.

For more expert commentary in this sector, download the full report below:

Download report

Talk to our industry specialist

Philip Barker, HVAC Specialist, Corporate Finance Director

T: 020 7131 8682
E: philip.barker@smithandwilliamson.com

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DISCLAIMER
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.

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Disclaimer

This article was previously published on Smith & Williamson prior to the launch of Evelyn Partners.