Jean-Baptiste Henri Rolland's questions to L AIR LIQUIDE SA /FI (AIQUY) leadership • Q3 2020
Question
Jean-Baptiste Henri Rolland asked about the company's strategy around electrolysis, specifically whether its focus on PEM technology for the Bécancour project indicates a strategic bet on PEM over alkaline for future large-scale applications.
Answer
CFO & Executive VP Fabienne Lecorvaisier stated the goal is to master the full hydrogen value chain and that the company is testing multiple technologies, not exclusively betting on PEM. Executive VP Michael J. Graff added that while the company has extensive experience with alkaline technology, PEM offers advantages in operational flexibility and ease of use with intermittent renewable power, which they are keen to prove at industrial scale.