Cleaner Tech
Meet the Hidden Giant of Electricity Consumption
Sanjiv Lamba, CEO of Linde, explains how he sees electricity demand changing and whether low-carbon hydrogen can ever become big business.
Sanjiv Lamba.
Photographer: F. Carter Smith/BloombergJust three companies control the lion’s share of the $120 billion global market for industrial gases: Linde, Air Liquide & Air Products.
And because the production of these gases is so energy intensive, each company consumes as much electricity as some small to medium-sized European countries.