France cuts 2030 electrolytic capacity target by 30%

Government cites slower than expected market development but stands by plan to offer €4b of subsidies to projects aimed at industry

France has scaled back its 2030 targets for renewable and nuclear-powered electrolytic hydrogen production capacity by 30% because the sector is developing at a slower pace than it previously expected. The government has cut the installed capacity target to 4.5GW from a goal of 6.5GW set in 2020, according to an updated national hydrogen strategy set out by the Ministry of Economy and Industry. The 2035 target has been cut to 8GW from 10GW. “The carbon-free hydrogen market is starting to take shape. However, the deployment been slower than expected, in France as in other countries around the world,” the government said. It added that the deployment of the first industrial-scale projects have