
[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.
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.
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.
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.
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.
“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