Sure. Stephen, I would agree that our customers across the board are interested in reducing their carbon footprint and I think obviously there’s commitments from stakeholders from investors to employees that striving, and customers that’s striving that desire.
So, when we look at there is demand, I think that the key item than becomes how you generate green hydrogen, and ultimately what the economic value is.
Now, I would say that some customers may be willing to pay a slight premium for green hydrogen because it aligns with their corporate sustainability goals.
So, you know when we look at – when we think about hydrogen green, we think about both electrolyzers and renewable natural gas.
As you know that the availability, especially when your curtailed renewable energy from solar or wind in certain areas of the world can be quite attractive if you’re generating that hydrogen through electrolyzers at the right spot. We see that at $0.04 to $0.05 of kilowatt hour.
You can start making hydrogen, which is competitive with the cost of generating hydrogen from natural gas.
When the renewable natural gas, it’s probably a little bit more complicated, I think mainly because of availability. Availability I think the benefit in the subsidies from renewable natural gas is certain areas is quite high, which makes the price look more competitive. Ultimately, I think that there will be a mixture of both, but I think that over the next 2 years to 3 years as the cost for electrolyzers continue to decline that the competitiveness of green hydrogen with green hydrogen with the traditional hydrogen becomes much more interesting.
I guess I would also add, I almost look at it like I look at electric vehicles. Ultimately, whether it’s today or whether it’s four, five years out, the cost of electric vehicles going to be lower cost in internal combustion engine.
Just fundamentally simpler, and I think you see the same kind of, when you start looking at electrolyzers versus reformers you can actually see that become even a simpler when you look at the face of coat structure, it’s just fundamentally going to be lower in cost because it’s less complicated.
And so, I think there was same path.
I think in many ways even though there are different technologies, you know the roadmap for cost downs are very, very similar. Hope that was helpful?