EDF says hydrogen strategy aligns with its emissions reduction plan
EDF to develop 3GW green hydrogen this decade
Firm plans to leverage nuclear and renewables expertise to expand into hydrogen space
French utility EDF aims to develop 3GW of green hydrogen projects by 2030, announcing this week an ambition to become one of the leading firms in the space. Assuming the right government support policies are put in place, the company says it will invest between €2bn ($2.2bn) and €3bn in the technology by that year. “With this ambitious plan and by capitalising on its expertise and know-how, the EDF group intends to contribute to the emergence of a strong and innovative European hydrogen sector,” says EDF CEO Jean Bernard Levy. The firm believes it can leverage the expertise of its low-carbon electricity production fleet—both nuclear and renewable—to become a leader in the field. “The
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