EDF targets 3GW electrolytic hydrogen – EQ Mag Pro
French energy company unveils plan to become a global leader in producing the low carbon gas by 2030
EDF Group has launched a plan to develop 3GW of electrolytic hydrogen projects worldwide by 2030.
These projects, which will involve between €2-3bn of investment, will be developed and co-financed through industrial partnerships and by drawing on national and European support mechanisms.
EDF Group aims to become one of the European leaders in the production of 100% low-carbon hydrogen, by combining its experience in developing low-carbon electricity production facilities, spanning nuclear and renewables, with know-how within its electrolyser development subsidiary Hynamics.
Following the Solar Plan, the Storage Plan, the Mobility Plan and the Excell Plan, the Hydrogen Plan is fully in line with EDF Group’s CAP 2030 strategy.
To achieve its objectives, EDF Group will take “full advantage of the expertise of its R&D”, which has been involved in hydrogen research for “many years”, and will draw on the skills of its engineering and marketing activities in France and abroad.
EDF chief executive Jean-Bernard Levy (pictured) said: “The EDF Group is announcing today the launch of its Hydrogen Plan, a new and essential step towards the objective of carbon neutrality. Low-carbon hydrogen is an essential lever for reducing our dependence on fossil fuels alongside the direct electrification of end uses.
“With this ambitious plan and by capitalising on its expertise and know-how, the EDF Group intends to contribute to the emergence of a strong and innovative European hydrogen industry.”
Source: renews
