Macron says France can be green hydrogen leader by 2030
President also targets promotion of small nuclear reactors and 35pc cut in industry’s emissions as part of €30bn roadmap
France aims to become the leader in green hydrogen with at least two electrolyser gigafactories by 2030, says President Emmanuel Macron. France will invest in hydrogen production and consumption technologies as part of a €30bn ($34.6bn) green technology roadmap called ‘France 30’, he adds. Macron, who faces presidential elections next year, says a second objective will be to spend €1bn on promoting small nuclear reactors with improved waste management systems. A third objective set out in the plan is to decarbonise industry to cut greenhouse gas emissions by 35pc compared with 2015 levels. “More than €8bn will be invested to achieve these first three objectives,” the government says. €
Also in this section
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology