Plug Power Inc. shares rise 1.30% premarket after Washington State University researchers developed a mathematical model to improve liquid hydrogen storage tank operations.

Plug Power Inc. rose 1.30% in premarket trading. The increase can be attributed to a study by Washington State University researchers that developed a mathematical model and recommendations to improve liquid hydrogen storage tank operations, which could make hydrogen a more viable alternative for powering vehicles and other industrial processes. This news is particularly relevant to Plug Power Inc., as the company is involved in the production and distribution of hydrogen fuel cells, making the advancement in hydrogen storage technology a positive development for the company.