Partner Interview
Published July 1, 2024Conducted May 28, 2024
Air Products: Blue & Green Hydrogen Investments
inpractise.com/articles/air-products-blue-and-green-hydrogen-investments
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Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.
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Yes, that was wonderful. That's exactly what we're looking to hear. It was great that you touched on 99% of the supply being gray hydrogen today. Could you talk more about the current state with the typical end user? What sort of industries are using hydrogen, and where is that heading?
It's always interesting to consider green hydrogen or blue hydrogen within the context of the established business. Currently, about 60% of hydrogen is consumed by the refinery sector to desulfurize crude oil and produce gasoline, diesel, kerosene, and similar products. These are the main existing users and will continue to dominate even as we transition to a decarbonized hydrogen industry. That's the first factor.
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