BP sees hydrogen as an important part of its future business, Dominic Emery, Chief of Staff, said at Cleantech Forum San Francisco on Thursday (21st Jan).
Emery confirmed BP is investing in a number of hydrogen projects that span both blue and green hydrogen.
“I think it’s fair to say that it’s going to be horses for courses around hydrogen. Whoever can start driving that hydrogen price point down towards $1-1.5/kg, using whatever technology, is going to be a kind of a winning way,” he said.
“Where you have great storage capacity, where you have very inexpensive natural gas, I think you can see blue hydrogen being successful there.”
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