French Government releases €100bn recovery plan through which hydrogen will play a key role

French Government releases €100bn recovery plan through which hydrogen will play a key role

The French Government yesterday revealed its €100bn recovery plan to Build the France of 2030, through which hydrogen technologies will play a key role.

€2bn will be dedicated to hydrogen technologies through the “France Relance” plan, a roadmap for the economic and social overhaul of the country which will help the fight back from coronavirus.

Three top priorities were set out in the plan: Ecology, Competitiveness and Cohesion.

Under the Ecology segment lies a Green Technologies sector, where the French Government detailed exactly how the country plans to develop a green hydrogen sector in order to position itself at the forefront of renewable and low-carbon hydrogen production technologies.

A national hydrogen strategy will play a major role in helping France to reduce its greenhouse gas emissions and achieve its goals of achieving carbon neutrality before 2050. The national hydrogen strategy has been set up to do the following:

  • Support for projects carried out by businesses in the regions, in particular to promote the emergence of a French offer for hydrogen solutions.
  • Establishment of a support mechanism for hydrogen produced by electrolysis of water through a call for tenders and additional remuneration.
  • Setting up of a common European project (IPCEI) to support industrialisation in the region and the development of demonstrators.

About the author
Related Posts
Please wait...