By 2030, the EDF Group plans to create 3GW of electrolytic hydrogen projects around the world.
These projects, which are expected to cost between €2 and €3 billion, will be developed and co-financed through industrial partnerships and national and European support mechanisms.
By combining its experience constructing low-carbon power production facilities, spanning nuclear and renewables, with know-how from its electrolyser development company Hynamics, the EDF Group intends to become one of Europe’s leaders in the generation of 100 percent low-carbon hydrogen.
The Hydrogen Plan, like the Solar Plan, Storage Plan, Mobility Plan, and Excell Plan, is entirely aligned with EDF Group’s CAP 2030 strategy.
EDF Group will use “full advantage of the expertise of its R&D,” which has been active in hydrogen research for “many years,” as well as its engineering and marketing efforts in France and abroad, to achieve its goals.
According to EDF CEO Jean-Bernard Levy “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.”