Black & Veatch: Navigating the Shifting Landscape of the Hydrogen Market
Key Ideas
- Black & Veatch, a global EPC firm, highlights hydrogen as a key growth area amidst its diverse project services.
- The company's Associate Vice-President notes a significant market shift in the perception of hydrogen, transitioning from a feedstock to an energy source.
- Black & Veatch emphasizes the need for adaptability in navigating the evolving hydrogen landscape, indicating continuous pivoting to meet changing market demands.
- The article suggests a positive outlook on the potential of hydrogen as an energy source, driving strategic focus and innovation within Black & Veatch.
Black & Veatch, an EPC firm based in Overland Park, Kansas, with a global presence, has been providing end-to-end project services across various industries for over 110 years. While traditionally known for its diversified services, the company has identified hydrogen as a crucial growth area in recent years. Bryan Mandelbaum, the Associate Vice-President and Director of Hydrogen & Ammonia Solutions at Black & Veatch, acknowledges the dynamic nature of the hydrogen market, with a noteworthy shift towards recognizing hydrogen as a significant energy source rather than just a feedstock. Mandelbaum reflects on the constant evolution of the hydrogen market, emphasizing the necessity for continuous adaptation and strategic realignment within the company. Black & Veatch's proactive approach to the changing landscape of hydrogen indicates a positive sentiment towards the potential of hydrogen as an essential energy solution. As the world increasingly turns towards digital connectivity, Black & Veatch's focus on hydrogen underscores its commitment to innovation and sustainability in the evolving energy sector.