United States  

“America's speediest news portal”
One News Page
> >

McPhy Energy : McPhy applauds the commitment taken by the French government for the development of a decarbonized hydrogen sector within the framework of the energy transition

GlobeNewswire Tuesday, 12 June 2018 ()
* Press release*

*McPhy applauds the commitment taken by the French government for the development of a decarbonized hydrogen sector within the framework of the energy transition *

In 2019, 100 million euros will be earmarked for the deployment of clean hydrogen.

On Friday 1^st June, Nicolas Hulot, State Minister and Minister of Ecology and Solidary Transition, in the presence of key actors in the sector, including McPhy, launched a strategic plan to support the deployment of hydrogen and to make France the world leader in this sector.  In 2019, 100 million euros will be earmarked for the deployment of decarbonated hydrogen in industry, mobility and energy. McPhy applauds this very strong sign in favor of the deployment of the uses and technology of *clean hydrogen, which in large part will be produced by the electrolysis of water. *

*Paris - La Motte-Fanjas, 12 June 2018, 5:45 p.m*. *-* *McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329),* specialist in equipment for the production, storage and distribution of hydrogen, applauds the commitment taken by the French government for the development of a decarbonized hydrogen sector within the framework of the energy transition.

*Pascal Mauberger, Chairman and Chief Executive Officer of McPhy declared:* "Like McPhy, *the technologies and industrial fabric are ready* for France to position itself at the forefront of the hydrogen revolution and to actively participate in 'scaling up'. We salute and give our full support to the national hydrogen plan, allowing us to take a further step and to create the conditions for strong and sustainable growth in this promising sector, *capable of responding to energy, environmental, economic and societal challenges.*"

*A 3-axis plan to make France the world leader in hydrogen*

Starting in 2019, 100 million euros will be earmarked for the implementation of the hydrogen deployment plan, organized around three main axes:

· Creation of a decarbonized industrial sector, with an objective of *10% decarbonized hydrogen by 2023*.
· Development for zero emission solutions for road, rail, river, etc., transport with the deployment on the horizon for 2023 of 5,000 light utility vehicles, 200 heavy vehicles (bus, trucks, trains (TER), boats) and *100 hydrogen stations to refuel vehicles with locally produced hydrogen. *
· Increase in integration and *storage capacities for renewable energies*.

*The hydrogen revolution calls for a change of scale*

"*Decarbonized hydrogen is the energy transition accelerator*." It was in using these words that Pascal Mauberger, by invitation from Nicolas Hulot, began his talk. He then continued, "the hydrogen revolution has begun," citing the numerous projects already at work in the Hexagon.  

The time has come for a "scale up". *Relying on its capacity for innovation, its leading edge industrial infrastructure and on its mastery of the entire hydrogen chain*, McPhy intends to accompany its clients throughout their transformation and to permit clean hydrogen to achieve its full potential.  Thanks to its leading clients and partners, McPhy is well positioned to seize this scale up.

· *Industry*: "*augmented" electrolyzers*^[1]* for a new low carbon era* in the sectors of chemical, refinery, steel. 
· *Mobility*: stations having the capacity to fuel a variety of hydrogen vehicles, from utility to buses and trucks, including cars and hydrogen trains^[2].
· *Energy*: long term storage solutions for very large volumes.    

*Reinforcing the competitiveness of water electrolysis is essential for the deployment plan of decarbonized hydrogen*

*The water electrolysis technology*, producing on-site and on demand from renewable resources, *clearly appears to be the cornerstone* for the large-scale deployment of decarbonized hydrogen for industry, mobility and energy.

*With its cutting-edge technology "Augmented McLyzer," McPhy has taken a clear technological leadership for the sector, with a range that is continuously more efficient and competitive.*

"Our capacity for innovation, the rapid growth of renewable energies and the support of the French government in favor of decarbonized hydrogen will all contribute, in the near future, to reinforcing the appeal and competitiveness of clean hydrogen.", concluded Pascal Mauberger.

It should be noted that the launch of this plan was praised by AFHYPAC (the French Hydrogen and Fuel Cell Association).  President Philippe Boucly declared "all the conditions are in place to make France a leader in global competition," and continued by reaffirming his total mobilization in order to accelerate the development of the French hydrogen sector.    

*Complete information below (in French): *

· French National hydrogen plan on the Minister's website:
· Afhypac's statement:

*About McPhy *

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.

As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company's international subsidiaries ensure a global sales coverage of McPhy's innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

*Media relation*

Nicolas Merigeau
T. +33 (0)1 44 71 94 98  

*Investor relations*

Julie Coulot | Emmanuel Huynh
T. +33 (0)1 44 71 20 40   *Follow us on*

^[1] "Augmented McLyzer": new generation alkaline electrolysis for very high capacity platforms |

^[2] "Augmented McFilling": very high capacity hydrogen stations to decarbonize "heavy" transports |


· McPhy_French_Plan_12062018.pdf
Share on
Share on
Post on 
Share by

You Might Like

Tweets about this

Other recent news in Press Releases

Arun Shourie Launched 3rd Edition of Gyan Burman Liver Unit REPORTConsolidated RESEARCH: 2018 Summary Expectations for Microchip Technology, New Jersey Resources, Brown-Forman, Pacira Pharmaceuticals, Team, and Solaris Oilfield Infrastructure — Fundamental Analysis, Key Performance Indications
Lightbridge Appoints James Fornof as Vice President for Government Program MANAGEMENTCanadian Metals announces the appointment of new PRESIDENT and appoints new member to the board of directors
Caelum Biosciences Announces Presentation of Complete Cardiac Data Analysis from Phase 1b Trial of CAEL-101 in AL Amyloidosis at AMERICAN Society of Echocardiography 29th Annual Scientific SessionsVOSTOK EMERGING FINANCE invests into Konfio, Mexican online small business lender

Recent related videos

News video: Conservatives Perpetuating Myths As Climate Change Remains Partisan Issue

▶ Conservatives Perpetuating Myths As Climate Change Remains Partisan Issue 02:41

Why Conservatives Love Climate Change: The recent hurricanes that hit Houston and Florida evoke memories of Hurricane Katrina 12 years ago. After that tragedy the political debate shifted from ‘Is..
Source: NowThis -

News video: PM Oli's first budget focuses on infra, tourism and energy

▶ PM Oli's first budget focuses on infra, tourism and energy 03:07

Kathmandu (Nepal), May 30 (ANI): Nepal’s Finance Minister Yubaraj Khatiwada unveiled a Union budget of 1,315 billion Nepali Rupees for the fiscal 2018-19 in a joint session of the House of..
Source: News unlimited -

News video: Scientists Accidentally Discovered Quark Fusion, Could It Be the Future of Energy?

▶ Scientists Accidentally Discovered Quark Fusion, Could It Be the Future of Energy? 02:24

The particles that make up the neutrons and protons inside of atoms are known as quarks. And researchers found that when quarks bind together, energy is produced. Scientists have already been smashing..
Source: Seeker -

News video: EnergyAustralia's Tanna Says Renewables Are an Opportunity

▶ EnergyAustralia's Tanna Says Renewables Are an Opportunity 06:31

May.16 -- Catherine Tanna, managing director at EnergyAustralia, discusses Australia's energy policy, the role of coal in Australia's energy strategy, the shift towards renewables, emissions reduction..
Source: Bloomberg Technology -

News video: Wall Street Rebounds After Trump's Iran Announcement

▶ Wall Street Rebounds After Trump's Iran Announcement 00:37

Wall Street rebounded a day after President Donald Trump announced a withdrawal from an international accord to dismantle Iran's nuclear program. Stocks remained stagnant on the day of Trump's..
Source: Wochit Business -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+