Bill Gates is right, innovation is the engine of climate progress. The decarbonization of these critical industries, like fertilizer production, steelmaking and shipping, requires low-cost and abundant clean hydrogen driven by advanced technology at scale. By pushing electrolysis beyond the conventional approach, we’re able to lower project costs by as much as 60% so developers worldwide can transform their project economics and pave the way for our shared goal of cost parity with fossil fuels.
Innovation is how we build energy abundance. As our founder Bill Gates writes in MIT Technology Review, today’s clean technologies won’t get us all the way to net zero. Some sectors—like electricity—are already scaling. Others—like aviation, cement, and steel—still face high costs. The way to spot the biggest opportunities? The Green Premium—the cost gap between today’s clean products and the fossil-based versions they replace. Where the premium is high: investors and innovators can create new industries by driving costs down. Where the premium is low or negative: it’s time to deploy at scale. This is where prosperity gets built—new jobs, stronger supply chains, and global markets for affordable, reliable clean energy. We back the builders taking on these challenges and connect capital to the companies proving what’s possible. Read the full piece: https://bit.ly/4mMtui9