“If you look at where hydrogen is going to be produced in Europe in the next million years, it’s in two countries, Spain and Portugal,” said Thierry Lepercq, the founder and president of HyDeal Ambition, an industry platform bringing together 30 companies. “Hydrogen is the new oil.”

Lepercq is working with companies like Spanish gas pipeline corporation Enagas and global steel giant ArcelorMittal to design an end-to-end model for hydrogen production, distribution and supply at a competitive price. Criticism has centered on green hydrogen’s higher cost compared with highly-polluting “gray hydrogen” drawn from natural gas. Lepercq argues that solar energy produced in Spain is priced low enough to compete.

Globally, Lepercq said, “Electricity is 20% of energy consumption. What about the 80% that is not electrified? ... You need to replace those fossil fuels. Not in 50 years’ time. You need to replace them now.”

What can be inferred about green hydrogen in Spain according to Lepercq?

A．It is highly priced.	B．It is easy to store.
C．It is competitive.	D．It is highly-polluting.