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EDF launches “Hynamics” subsidiary to produce and market low-carbon hydrogen

At Hannover Messe, Germany – the international trade show dedicated to industry – France-headed global energy major Groupe EDF announced the creation of “Hynamics”, a new subsidiary for the Group responsible for offering effective low-carbon hydrogen for industry and mobility. With this commitment, EDF’s ambition is to become a key player in the hydrogen sector in France and around the world, as well as consolidating its contribution against climate change and for a low-carbon world.

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Hydrogen
Groupe EDF has announced the creation of “Hynamics”, a new subsidiary for the Group responsible for offering effective low-carbon hydrogen for industry and mobility.

According to the 2018 “Let’s develop hydrogen for the French economy” report from L’Association Française pour l’Hydrogène et les Piles à Combustible (AFHYPAC) with support from McKinsey, hydrogen consumption will represent 18 percent of the world’s final energy demand in 2050. 95 percent of hydrogen is currently produced from fossil fuels.

Hynamics has opted for water electrolysis to produce its hydrogen, a technology that does not emit very much carbon dioxide (CO2) at all, as long as the electricity used itself comes from low-carbon production methods.

Hynamics is the result of an “intrapreneurial” project led by ten or so employees and nurtured within EDF Pulse Expansion, the Group’s start-up incubator.

After the acquisition of EDF’s stake in the French company McPhy, a leading player in this market, the creation of this new subsidiary wholly owned by EDF Pulse Croissance Holding, confirms the EDF Group’s ambition when it comes to low-carbon hydrogen, and applies it to new uses.

The production of hydrogen without CO2 emissions is a key factor in the ecological transition. By embracing a new area of activity, the Group is capitalizing on its employees’ skills, expertise, and capacity for innovation, for the benefit of our clients. Together with all the different stakeholders, EDF would like to contribute to the French and European hydrogen sector in an international market that represents a fantastic opportunity in terms of growth and jobs, said Cédric Lewandowski, EDF Group Executive Director in charge of Innovation, Corporate Responsibility, and Strategy.

Hynamics offers two different low-carbon hydrogen solutions:

  • For industrial clients, for whom hydrogen is a necessity (refinery, glassware, agri-food, chemistry), Hynamics installs, runs, and maintains hydrogen production plants, by investing in the necessary infrastructure;
  • For mobility providers, both public and professional, Hynamics helps link up different areas with service stations to provide hydrogen to recharge closed fleets of commercial vehicles, like trains, buses, municipal vehicles, utility vehicles, and inland waterway transport. These services constitute an additional asset for the Electric Mobility Plan announced by the Group in October 2018.

At the end of March 2019, Hynamics teams have identified and work on some 40 target projects, in France as well as other European countries including Belgium, Germany, and the United Kingdom.

Working with industry and different regions by supporting their decarbonization projects is a challenge that Hynamics plans to embrace with a solution for producing hydrogen without CO2 emissions with multiple uses and in an economically efficient way. We are focusing in particular on industry and mass mobility, two sections of the economy that produce a lot of CO2, with a view to nurturing partnerships, said Christelle Rouillé, Managing Director, Hynamics.

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