thyssenkrupp nucera, a producer of electrolyzers for low-carbon H₂, stated it could reallocate resources if U.S. policies under President-elect Donald Trump negatively impact the clean-tech sector. Concerns have arisen among clean-tech firms about potential cuts to the Inflation Reduction Act, which supports green initiatives like H₂ and wind power.

Despite challenges, thyssenkrupp nucera's shares rose 14.3%, reaching their highest since July, after reporting a smaller-than-expected operating loss of €14 MM for 2023/24. The company emphasized the need for clear legislation on H₂ incentives in the U.S. and Europe to prevent project delays. Analysts remain optimistic about the company's long-term prospects due to its strong market position and the anticipated growth of the H₂ market, despite weakening customer demand.

Source: Reuters