Pungkuk Jujeong is showing strong performance. This is interpreted as being influenced by news that hydrogen energy is emerging as an alternative power supply in the era of artificial intelligence (AI).
As of 2:12 PM on the 27th, Pungkuk Jujeong is trading at 13,000 KRW, up 2.93% from the previous day.
According to the industry, hydrogen, which was initially noted as an energy source for automobiles and ships, is recently gaining attention as an alternative power supply with the advent of the AI era. It is forecasted that global hydrogen demand will increase to over 400 million tons by 2050.
Accordingly, global companies are also expanding investments in hydrogen, a clean energy source. Bloom Energy, a major U.S. fuel cell manufacturer, signed a fuel cell supply contract this month with Intel, a semiconductor giant in Silicon Valley. Data centers require constant power supply, and to meet this need, fuel cells capable of self-generation, along with small modular reactors (SMR), solar, and wind power, are emerging as alternatives.
Meanwhile, Pungkuk Jujeong's subsidiary SDG is engaged in the manufacturing and sales of hydrogen and acetylene. In 2021, it was selected as a hydrogen-specialized company by the Ministry of Trade, Industry and Energy and has signed hydrogen supply contracts with companies such as Hyundai Oilbank and SK Energy.
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