Green hydrogen is unlikely to reach cost parity with fossil fuels soon, and those benefiting from oil and gas profits will need to bear a significant portion of the financial burden.
That’s the view of Kim Hedegaard, CEO of Power-to-X at Topsoe, a long-standing technology provider to the oil and gas sector now focused on scaling up its solid oxide electrolyser (SOEC) systems for green hydrogen production.
Speaking to H2 View, Hedegaard emphasised that the discussion must move beyond blaming the so-called green premium for delaying green hydrogen offtake.
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