France scales back its hydrogen ambitions

On April 16, the government published an update to its hydrogen strategy. The targets for installed electrolysers have been revised downwards to 4.5 GW in 2030 and 8 GW in 2035. The budget allocated to hydrogen is €9 billion by 2030, including €4 billion to support carbon-free hydrogen production through electrolysis. The government estimates that 20 to 30 TWh of electricity will be needed for hydrogen production through electrolysis by 2030.