In this list
Electric Power | Energy Transition

France announces Eur700 mil for hydrogen production funding in 2024

Energy | Energy Transition

Platts Custom Analytics

Agriculture | Biofuels | Vegetable Oils | Energy Transition | Carbon | Emissions

Trash to Treasure: the role of UCO and POME in energy transition

Oil | Energy Transition | Energy

APPEC 2024


COP28: US, Poland among nations committing to phase out coal power

Energy | Energy Transition | LNG | Oil | Petrochemicals | Polymers | Shipping | Marine Fuels

Methanol Bunker Fuel Price Assessments

Metals | Chemicals | Energy Transition | Non-Ferrous | Polymers | Ferrous | Hydrogen | Renewables

Insight Conversation: Tom Campey, Hysata

For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.

Subscribe Now

France announces Eur700 mil for hydrogen production funding in 2024


Support mechanism for clean hydrogen production

Plans tenders for 150 MW electrolysis in 2024

  • Author
  • James Burgess
  • Editor
  • Alisdair Bowles
  • Commodity
  • Electric Power Energy Transition
  • Topic
  • Energy Transition Hydrogen: Beyond the Hype

The French energy ministry has allocated Eur700 million ($737 million) for a support mechanism for hydrogen production in 2024.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The funding allocation is part of a Eur10 billion package for ecological planning announced late Sept. 27, including Eur1.5 billion for nuclear in 2024.

France is planning a call for 150 MW of electrolysis for hydrogen production in 2024, followed by 250 MW in 2025 and 600 MW in 2026, according to a consultation document published earlier in September.

France is aiming for 6.5 GW of installed electrolyzer capacity by 2030, while the EU is targeting 10 million mt/year of green hydrogen production by that date, requiring over 80 GW of electrolysis.

Platts, part of S&P Global Commodity Insights, assessed the cost of producing renewable hydrogen via alkaline electrolysis in Europe at Eur6.27/kg ($6.61/kg) Sept. 27 (Netherlands, including capex), based on month-ahead power prices. Proton exchange membrane electrolysis production was assessed at Eur7.37/kg.