Alexander Tancock, CEO and co-founder at InterContinental Energy explains how scaling up renewable energies could be the best way to create green fuels
'In the last 60 years, there have only been a handful of new innovations in energy,’ says Alexander Tancock, CEO and co-founder of InterContinental Energy (ICE). ‘In the 1960s, we saw an uptick in nuclear and LNG. Then in the 1980s, wind and solar arrived on the scene. Now, we’re looking at creating a low-carbon economy with ammonia and hydrogen.’ But there’s a key difference. He explains: ‘In all four cases, these innovations were absolutely driven by the government. They had favourable policies to help support the market, LNG was driven by geopolitics, and all of them had some kind of government support for decades.'
Fast-forward to 2025 and the energy landscape looks pretty different. ‘Now, we’re seeing wind and solar energy being driven by the private sector because it’s the cheapest way to generate new electricity – but it took about 30 years to get here,’ says Tancock. ‘The challenge we have with green hydrogen is that the private sector was effectively just expected to figure it out. We’re at day...
InterContinental Energy: Producing The Molecules Of Tomorrow
