Top 5 Green Hydrogen Companies In The World

2. Shell plc (LON:SHEL)

Total Market Cap (As of November 22): $166.1B

Based in London, Shell plc (LON:SHEL) is a British, public limited, multinational oil and gas company, and is considered one of the largest companies in the world by revenue and profits. It specializes in oil and gas exploration, production, refining, transport, distribution and marketing; power generation; and green hydrogen production. With a total number of 82,000 employees in over 99 countries, the company has a history of exceptionally large greenhouse gas emissions, emerging as ninth-largest from 1988-2015. However, since 2015, Shell plc (LON:SHEL) has slowly initiated a transition into clean energy, making huge investments into solar power, wind power, green hydrogen generation, and forestry. The company aims to become a net-zero emissions energy business by 2050.

Shell plc (LON:SHEL) is involved in large-scale green hydrogen projects, with HydrogenForecast.com describing Shell’s (LON:SHEL) overall approach as extremely optimistic. In 2015, the company initiated a project to install green hydrogen fuel pumps across Germany, planning on spreading the project over 400 locations by 2023. A member of the Hydrogen Council, the company announced plans to build Europe’s largest green hydrogen plant in the Netherlands. According to Bloomberg, the project is widely expected to be more than ten times larger than Europe’s current biggest plant, and will supply the company’s Rotterdam refinery directly. Operations on the plant are said to begin by 2025.