Linde CEO Doubts on Rapid Expansion of Green Hydrogen Compared to Blue Hydrogen
Linde's CEO Sanjiv Lamba believes blue hydrogen will expand faster than green hydrogen, despite falling costs of Chinese electrolyzers. He identifies three main challenges for the economic viability of green hydrogen: scalability of electrolyzer technology, the need for significant reductions in capital costs, and competition for renewable electricity due to rising demand from data centers. Linde is involved in several blue hydrogen projects utilizing natural gas with carbon capture.
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Sanjiv Lamba, CEO of Linde, asserts that blue hydrogen will develop more swiftly than green hydrogen, despite decreasing costs of Chinese electrolyzers. He outlines three barriers to the economic feasibility of large-scale green hydrogen: scalability, as current electrolyzers are often limited to 5 MW or 20 MW modules; capital costs, needing a reduction of 60-70% for competitiveness; and access to renewable electricity, which faces competition from growing electricity demands from data centers. Linde is actively engaged in blue hydrogen and ammonia projects leveraging established natural gas infrastructure.
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