In a ‘fireside chat’ at the Hydrogen Americas Summit in Washington, DC, US, today (October 10), Air Products’ Chairman, President and CEO said the industry must build hydrogen supply before seeing its deployment in end-uses.
Speaking to David Livingstone, Senior Adviser, Office of the Special Presidential Envoy for Climate at the US Department of State, Seifi Ghasemi explained that Air Products is taking the position that there will never be demand, if there is no supply.
“Build it and they will come,” said Ghasemi, “ We think that the right thing to do and we are taking a risk on that. But somebody has to take the risk in building these facilities to produce gigantic amounts of green and blue hydrogen, on the expectation that once these projects come on online, then people see that there is a supply and therefore there will be a demand.”
The Air Products boss told the Summit that end-users, such as truck fleet operators, are unlikely to make a significant investment to convert operations to utilise the clean energy carrier, unless they can be certain that there is a stable supply.
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