EDF on Wednesday launched a "
hydrogen plan
" to become "
one of the leaders " in the production of "
low carbon
" hydrogen
in Europe by 2030, with an investment of two to three billion euros " co-
financed
" by the energy company.
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These projects “
will be developed and co-financed within the framework of industrial partnerships and benefiting from national and European support mechanisms
”, specified the group.
EDF intends to specifically extend its low-carbon electricity generation fleet - nuclear and renewable - to generate hydrogen by water electrolysis process through its dedicated subsidiary Hynamics.
“
Three gigawatts (GW) will produce 450,000 tonnes of hydrogen each year and save 3 million tonnes of carbon.
3 Mt of carbon, that represents half of the
Franco-international maritime traffic, affirmed during a press conference Alexandre Perra, executive director of innovation, corporate responsibility and strategy at EDF.
“100% low-carbon hydrogen”
"
We are aiming to produce 100% low-carbon hydrogen, which will be the vector for achieving carbon neutrality for the uses that are the most difficult to decarbonize
," said Alexandre Perra.
"
Low-carbon hydrogen produced from water electrolysis has a major role to play in decarbonizing heavy mobility: buses, dumpsters, trucks and trains in non-electrified areas
," the group said.
Today, most of the 80 million tons of hydrogen produced in the world are produced from fossil fuels and above all from gas.
EDF also took stock of plans announced previously, in particular to develop renewable energies, solar and wind in particular.
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"
The group invested nearly two billion euros in renewable energies last year
," said Bruno Bensasson, CEO of EDF Renewables, referring to an "
acceleration
" in the growth of this activity, which he intends to continue. despite a "
complicated
" financial situation
for EDF.
"
With regard to EDF Renewables, we will be able to increase significantly, to almost 30%, our development and investment expenditure, it is a very clear testimony to the group's investment in this area
", he said. -he says.
The group, which expects a dip in its performance in 2022, must deal with problems in its nuclear production and government measures to limit the rise in electricity bills.
Its gross operating surplus (Ebitda) should be reduced by more than 26 billion euros in the 2022 financial year, which has decided the State, its main shareholder, to get its hands on the portfolio, via a capital increase. this spring, to "
secure its short- and medium-term financing capacity
".
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