Just 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. This week on Zero, Sanjiv Lamba, CEO of Linde, tells Akshat Rathi how he sees electricity demand changing, what Linde is doing to transition to clean sources, and whether low-carbon hydrogen can ever become big business.
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