france-plans-to-accelerate-research-on-natural-hydrogen

France plans to accelerate research on natural hydrogen

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On the occasion of the two-year anniversary of the France 2030 investment plan aimed at revitalizing industry in France, President Macron unveiled the next steps of the strategy at the Airbus facility in Toulouse, including "major funding" for research into the potential of natural hydrogen. This was reported by UNN with reference to Le Figaro.

Details

Financial package of the plan "France 2030", according to the newspaper, remains unchanged - it is about 54 billion euros. However, the French president made new announcements regarding energy and industrial decarbonization, noting that the French government wants to "move faster" in 2024, with the help of the French strategy and the reform of the European strategy. Macron said that France could become a "hydrogen transportation hub" and announced the allocation of "large-scale funding" to explore the potential of of the natural hydrogen that lies beneath the earth's surface.

Background

The existence of natural hydrogen has been known since 1980s. of natural hydrogen has been known since the 1980s, but only in June 2023 in France potentially exploitable deposits were discovered in France, located in the northeastern region of Lorraine and the southeastern region of the Atlantic Pyrenees.

READ MORE: UAE backs fossil fuel cuts, but discussion oil and gas producing and developed countries at COP28 is not over

According to the on December 3, the French authorities issued the first license for the exploration of natural hydrogen for these potential deposits.

Among other things, referring to the need to the need to "explore" fusion technology, as well as the development of small nuclear reactors (SMR), the President of the French Republic called for "accelerating breakthrough innovations."

The following projects were also considered:

Carbon capture, carbon capture, transportation and storage;

Mapping of critical metals resources to ensure the security of French metals to ensure the security of French resources;

Control of strategic resources - recycling and reuse of resources - recycling and reuse;

Ensuring the supply of biomaterials and bioenergy biomaterials and bioenergy, with attention to biodiversity - until 2030;

Production of processors for artificial intelligence production of processors for artificial intelligence.

The French president also announced the goal of achieving leadership breakthroughs in space breakthroughs in the space race, relying on French nuggets in micro rockets and space cargo.

In the above-mentioned projects at the European level, partnerships are already developing. For example, between France and Norway - on the transportation of carbon captured by industry and storage in Norwegian waters at depleted oil and gas fields. By the way, the European Commission has included several carbon storage and transportation to the list of projects eligible for EU funding. EU.

To recap

President of Ukraine Zelenskyy discussed by phone with French President Macron the new French defense package and military needs.

SEE ALSO: EU reaches deal allowing countries to ban Russian LNG imports - Bloomberg

Ihor Telezhnikov

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