The French government has launched a new €7 billion ($8.3 billion) national strategy combining technological development and ecological transition, Kallanish Energy reports.
Announced during an address to France’s Association for Hydrogen and Fuel Cells (AFHYPAC) on Wednesday, the hydrogen plan is part of a wider €100 billion ($118 billion) economic stimulus package launched by the French government.
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.
Decarbonization of the French economy is one of the three primary objectives of the strategy, which also includes developing a clean automotive sector and supporting research and technology development that allows for future hydrogen uses.
Throughout 2020 and beyond the French government will launch call for proposals for projects that support the strategy. The call for projects will be endowed with €275 million ($325 million) by 2023.
In addition, next year will see the commencement of an Important Project of Common European interest (IPCEI), aimed at promoting and developing the industrialization of electrolyzers for carbon-free hydrogen production at a large-scale. France will reserve an exceptional financial allocation of €1.5 billion ($1.8 billion) for this part of the strategy.
“This national strategy is part of a European logic. If we want to acquire and maintain a competitive advantage, if we want to remain at the best global level and to get ahead of American and Asian industries in the long term, we must join forces at European level, by bringing together researchers, by facilitating industrial cooperation and by pooling our financing,” said French minister of economy, Bruno Le Maire, and minister for ecological transition, Barbara Pompili, in a joint statement.
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