Mr. Dufau-Sansot, thank you.
I have a recent study here from Bank of Montreal Capital Markets. It does say that electrolysis uses twice as much water and five to six times more energy than steam methane reforming as green hydrogen.
We accept that we're going to need all kinds of hydrogen going forward here. What we want to do is make sure that we understand the carbon footprint of each of these going forward. With five to six times more energy required for electrolysis versus steam methane reforming, it does seem to indicate that the actual CO2 emissions can be higher.
You're exactly right. The power from wind, nuclear and hydro are the lowest footprint, but you still have a lot of energy here that translates in the end into a lot of CO2. Do you know this analysis?