
[IMPACT Interview]
Topsoe: Scaling Power-to-X Needs Long-Term Vision and Policy Backing
Onsite at Connecting Hydrogen Europe 2025, Kim Hedegaard, CEO of Power-to-X at Topsoe, discusses the European hydrogen market's challenges and opportunities, emphasizing the importance of science-based solutions, societal benefits, and long-term strategic vision despite current market uncertainties.
5 Key Takeaways:
1. Power-to-X is complex—but essential.
Scaling hydrogen requires integrating diverse sectors like oil & gas, petrochemicals, aviation, and shipping, and aligning electrons with molecules in a deeply interconnected energy system.
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2. Topsoe remains committed—despite market hesitation.
Even in a conservative and price-sensitive market, Topsoe continues to invest in SOEC technology, guided by its founding principles: science-based solutions that benefit society.
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3. First movers will lead the learning curve.
Early adopters in aviation and maritime will gain competitive advantages and help shape best practices for the wider hydrogen economy.
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4. Cost reduction starts with technology providers.
Topsoe sees it as their responsibility to cut the “green premium” by expanding supply chains and advancing electrolyzer technology.
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5. Carbon pricing is a key accelerator.
A strong carbon tax would drive better decisions across the value chain and provide long-term certainty to unlock investments in Power-to-X.
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“Let’s not forget — it is still a climate crisis we’re trying to solve.
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- Kim Hedegaard, CEO Power-to-X at Topsoe



