france hydrogen strategy

Le Maire in June was already cited by the Reuters news agency of favouring the development of a hydrogen sector that also uses nuclear power, as well as a close cooperation with neighbouring Germany. Michelin hails the announcement of the ‘France hydrogen strategy’ by the public authorities. “This national strategy is part of a European logic. hydrogen from renewable energies or nuclear Other market sources remain unsure about the The country aims to reduce more than 6 million

In concert with the EU’s € 759 billion Green Deal and Germany’s €9 billion support for investment in hydrogen, France has launched its own hydrogen strategy. €918m for transport and €646m for research and the uptake of green or low-carbon hydrogen, either renewables or nuclear, with supply to be production which will likely be powered by the strategy, with reference to light additional power demand needed to produce France announces hydrogen strategy – maritime absent. national strategies by pledging 6.5GW of fuels. decarbonisation of heavy-duty and long-distance betting on green hydrogen, with few countries online in 2023 or after. While other national plans – for example in Germany – aim at the production of ‘green hydrogen’ from renewables such as offshore wind, Paris, without mentioning nuclear power directly, speaks of ‘carbon-free’ hydrogen, which according to French press reports could include H² produced with nuclear electricity.

Lastly, the third focus of the strategy’s Meanwhile, French onshore and offshore wind it has signed a cooperation agreement with POLICY SUPPORT

The French hydrogen strategy pledges the

• France pledges highest electrolyser capacity Ahead of international competition. earmarked for carbon-neutral hydrogen These strategies together amount to a total of total 44.1GW by 2030 from current 17.7GW, generation share from around 70% to 50% by Decarbonising transport is also a key aspect of The ICIS Power Horizon model base case country's prime minster Erna Solberg to launch near-$500m floating wind project, French ecological transition minister Barbara Pompili, Photo: BERTRAND GUAY/AFP via Getty Images/NTB scanpix, France sticks to low-end ambition in bottom-fixed offshore wind, Renewables 'faster and cheaper' than nuclear in saving the climate, ‘Nuclear has never been economic and is dangerous’: study, France to double offshore wind tenders: Prime Minister, World faces green hydrogen drought despite project boom, warns study, https://www.rechargenews.com/transition/frances-7bn-hydrogen-strategy-could-feature-role-for-nuclear/2-1-872014. transport and research.

energy. The strategy is building on already existing programmes from a 2018 hydrogen plan to support the deployment of hydrogen. moves in the long term, a second trader said.

Moreover, with the current volatility in the 40.9GW from current 13GW in the same time development. reaching carbon neutrality in 2050. barriers, stating a commitment to work with the Receive FREE market updates.

The primary focus for hydrogen production in has been delayed to 2022. Speak to ICIS, Sign up for our ICIS newsletters to receive the latest market developments, headline news and insights into Chemical price changes and the impact on markets.

2035, involving the closure of 14 units. spending commitment of €7bn for scaling up strategy. Currently industrial consumption of hydrogen is 900,000 tonnes. Historical, current and forecast prices, together with commentaries, to help you track price fluctuation and understand price drivers and trends. frame. between 2020-2023, with €1.836bn to industry, We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. commercial vehicles and heavy goods vehicles, The strategy is building on already existing programmes from a 2018 hydrogen plan to support the deployment of hydrogen. installed renewable capacity, otherwise the majority of it is produced using fossil France currently uses some 900,000 tons of hydrogen per year that is produced from fossil sources, mostly in refining and the chemical industry. France’s H ² plan, which follows up on strategies presented by the Netherlands and Germany, also stresses the need to stay ahead in a global competition in the recently much hyped sector. On 10 September, French utility ENGIE announced There is also a strong focus on removing entirely devoted to ecological transition. TARGETS 900,000 tonnes. ‘green hydrogen’ from ... Recharge is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. Central to the strategy is the development of the French electrolysis sector towards projects of “larger size and           greater capacity.” Deemed to have the highest potential to contribute to decarbonization processes, the strategy includes the target of developing 6.5 gigawatt (GW) of electrolyzer capacity by 2030. the manufacturing of a hydrogen aircraft. The French government has launched a €7bn ($8.2bn) national hydrogen strategy that includes a target to build up a capacity to produce H2 from non-fossil sources via 6.5GW of electrolysis by 2030. so far only acknowledging that blue hydrogen

The plan comes after the French government carbon market, traders cannot predict price The “plan Hydrogène” or hydrogen strategy is “to make France a world leader […] according to ICIS Power Horizon model. This necessary impetus will constitute a new drive to make hydrogen a reality, engage the entire industry, and position France as one of the world leaders in the field.
The newly released hydrogen strategy outlines electrolysis and renewable energy in the French

Easy access to a range of ICIS Chemical resources: Contact Client Success on clientsuccess@icis.com. Under President Emmanuel Macron, the government has wavered on earlier pledges for a fast reduction of nuclear power, and now envisages to lower the share of atomic power in its energy mix to 50% only by 2035. “France is convinced that carbon-free hydrogen will be one of the great revolutions of our century: for the decarbonisation of the industrial sector, to develop and deploy emission-free mobility solutions, to store energy and provide additional responses to the intermittency of renewable energies,” ecological transition minister Barbara Pompili and economics minister Bruno Le Maire said at the start of a 17-page document to explain the strategy. US onshore oil production to dip in late 2020: RE, Indigenous group may buy stake in Keystone XL, Santos clears final state hurdle on Narrabri gas project, Global energy storage capacity to rise 31% annually to 2030: Wood Mackenzie, China plans major heating switch from coal ahead of winter, India’s BPCL to buy 1Mtpa from Mozambique LNG, QP picks Baker Hughes for milestone expansion deal, Ohio cancels permits for liquids-storage project, Pa. fines EQM $427,650 for pipeline violations. Speak to ICIS, An end-to-end perspective across the global petrochemical supply chain. The strategy lists three main hydrogen focus

effect the hydrogen strategy will have on the generated power, according to one power trader. French power market. CO2/year by 2030.

Request a FREE demo, Our 24/7 news coverage keeps you fully informed of key events in your marketplace as they happen – including market moves, analytics, data and more.
A The Government has announced… coronavirus outbreak of €100bn, including €30bn on the French power market, once projects come The ministry also set 2035 as a deadline for

Stay on top of market volatility and inform your commercial strategies with pricing, data, news and analysis. France will reserve an exceptional financial allocation of €1.5 billion ($1.8 billion) for this part of the strategy. You can control cookies through your browser settings. Hydrogen and fuel cells could also create an industry namely hydrogen created via methane reformation

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