As Europe races towards its 2030 renewable-hydrogen goals, Iberdrola's Carlos Fúnez Guerra explains the importance of working with customers to ensure supply and demand are always in sync.
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00:00 [Music]
00:06 People talk about the chicken and egg problem with clean hydrogen supply and demand.
00:11 What's your point of view there?
00:12 In this case, the chicken and the egg will be at the same time.
00:16 You need to define the project together with your offtaker.
00:19 You need to be sure that you have an offtaker before to start with the project.
00:23 In the facility that we are today, we discuss it a lot with the effectivaries of this offtaker.
00:29 And we design the project taking into consideration the needs for the offtaker.
00:34 It actually may send a start with a project without any offtaker.
00:37 And for us, in these various steps, it makes sense to put the facilities very close to the offtakers
00:44 in order to avoid the transport and save money at the end of the day.
00:48 This is the best strategy.
00:50 [Music]