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Related Articles
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Hydrogen will be necessary to fully decarbonise heavy-duty transport
EU Finance
Polly Martin
21 April 2023
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Europe must ‘change gear’ on hydrogen support – Hy24

Investment fund calls for coordinated efforts by EU member states to build out refuelling networks and accelerate uptake of hydrogen in heavy-duty transport

Investment fund Hy24 is championing hydrogen’s potential in the EU mobility sector, but it warns a lack of urgency among member states in rolling out refuelling networks risks undermining the decarbonisation of heavy-duty transport. Hy24, which claims to be the world’s largest fund dedicated to hydrogen infrastructure, plans to invest 50pc of its €2bn ($2.2bn) capital into mobility. “We are unique in this respect—there are other funds that could support production, but we are the only one with this focus on the mobility sector,” says Nicolas Brahy, general counsel and head of public affairs and ESG at Hy24, a joint venture between French asset manager Ardian and investment firm FiveT Hydroge

Also in this section
Germany and UK bid for ‘international leadership’ on hydrogen
27 September 2023
Two governments sign joint declaration of intent to cooperate on driving growth of trade and investment in low-carbon hydrogen
Oman turns attention to midstream
26 September 2023
Gulf state plans pipeline network and other infrastructure to support development of large-scale hydrogen production
Letter on hydrogen: Gold rush
22 September 2023
Excitement over natural hydrogen is building, but its potential to contribute meaningfully to global supply is unclear
Governments must ‘synchronise’ supply and demand goals – IEA
22 September 2023
Imbalances between supply and demand ambitions risk derailing production growth, IEA warns

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