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Approval granted for new clean hydrogen venture

Approval granted for new clean hydrogen venture

A new clean hydrogen production technology venture has this week been approved by the European Commission.

Titled Genevia, the new private-public partnership model combines the expertise and experience of Schlumberger and the CEA with VINCI Contruction, Vicat, and the French Occitanie Region, l’Agence Régionale de l’Energie et du Climat (AREC).

Genvia technology aims to achieve the highest system efficiency, resulting in significantly less electricity use per kg of hydrogen produced. The technology is the first of its kind that is fully reversible, giving it the flexibility to switch between electrolysis and fuel cell functions.

“We are very pleased to be working alongside such experienced and strong partners as we strive to develop technologies that enable decarbonisation,” said François Jacq, Chairman of the CEA.

“Together, building on a set of technologies developed by the CEA over the last decade, we have ambitious growth plans for a technology that we expect to be a game-changer in the production of clean hydrogen.”

“This initiative demonstrates an alignment of environmental and economic growth ambitions that is important for France and Europe in support of the government’s and the Commission’s recovery plan.”

“Clean hydrogen production is critical for the world to meet its energy transition goals. Genvia will bring together outstanding science and advanced engineering to accelerate the development of a core technology to unlock affordable hydrogen production, energy storage and fuel applications at scale,” added Olivier Le Peuch, CEO of Schlumberger.


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