As the world intensifies efforts to reduce carbon emissions, pink hydrogen, produced through the electrolysis of water using nuclear energy, is becoming a crucial player in the energy transition. This method presents a carbon-free alternative to traditional hydrogen production that relies on fossil fuels, aligning with global decarbonization goals, particularly in energy-intensive sectors such as steel, cement, and transportation. Significant investments and advancements in nuclear technologies, such as small modular reactors, are facilitating the growth of pink hydrogen, especially in regions with robust nuclear infrastructure like Europe. With supportive government policies, the global pink hydrogen market is expected to expand substantially, as demonstrated by recent projects and commitments in countries like France and the UK.
In other trading, Dian Swastatika Sentosa (IDX:DSSA) was trading firmly up 10.6% and ending the day at IDR49,725.00, near its 52-week high. In the meantime, Barito Renewables Energy (IDX:BREN) softened, down 6.9% to end the day at IDR8,400.00.
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