The momentum of green hydrogen is undeniable, with its potential to decarbonise industries, serve as a versatile energy storage solution, and receive strong support from governments and industries worldwide.
Ulrik Fugmann and Edward Lees, co-heads of our Environmental Strategies Group, talk to Andy Marsh, President and CEO of Plug Power, about how his company is scaling up a zero-carbon way to produce and liquefy the universe’s most abundant element by extracting it from water to make hydrogen a major force in the fight to slow climate change.
Andy envisions hydrogen becoming an integral part of future power networks, with hydrogen-powered fuel cells providing backup for solar and wind. He goes one-step further to say that in ten years’ time most applications that use grey hydrogen today will be replaced by green hydrogen. Andy also believes that the asset management industry and capital markets have a critical role to play in the transition to a clean energy economy; he believes that patient capital will be essential to build the future.
The uncapped impact series brings you up close and personal with our Environmental Strategies Group and businesses that, regardless of their size, are making a big impact.
As at July 2023
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