Thank you.
Ms. Vera‑Perez, we saw each other in March, in Berlin.
At first glance, I did not think very critically about hydrogen. However, after some discussions, I get the impression that our ability to export hydrogen is not as high as we think, especially for the Germans. My understanding from the discussions we had in Berlin is that the Germans are mainly looking for green hydrogen.
As I recall, the people at Siemens believed that the technological risk of producing blue hydrogen was far too high to think that, in the near future, we would be able to produce large volumes of it. According to the people I spoke with at Siemens, the financial risk and the technological risk were too high to produce large volumes of blue hydrogen and export it.
This leads me to believe that the whole hydrogen strategy is rather for domestic consumption and not for export.
Do you agree with me? Can you give us some specifics on hydrogen development and commercialization outside Canada?