Our initiatives

Large industrial projects in a few designated value chains

There is a market developing for decarbonized products in specific sectors. We are seeing a more supportive environment for low-carbon hydrogen producers emerge with the development of both mandatory and voluntary markets. This is thanks to:


1. Supportive regulatory frameworkThe EU’s revised climate and energy package (known as Fit-For-55) helps to strengthen the business case for decarbonised products e.g. through carbon pricing measures. This includes the expansion of ETS to new sectors (maritime and road transport) and phase-out of free allowances for sectors (steel, cement, aluminium). The introduction of CBAM also helps create a level playing field for European producers through a price on imported goods. We must not lose the ambition on CBAM implementation to ensure green European producers can remain competitive.

2. Mandatory targets – for example EU level targets for efuels in the aviation and maritime sector (1.2% blend of e-kerosene into jet fuel by 2030, 35% by 2050) are starting to impact market dynamics. Industry has been slower than expected to react, but we (EGHAC) are seeing more interest from off-takers who want to avoid the penalties (currently being set).

3. Voluntary commitments – driven by consumer demand, corporate sustainability goals are starting to have an impact on sectors such as green steel, iron and fertilisers.

H2 Green Steel

Value chain Green Steel

Region Europe

Steel production accounts for 25% of Europe’s industrial CO₂ emissions, which is more than the Nordics’ total CO₂ emissions, or more than…
Read more

pHYnix

Value chain Green hydrogen production

Region Spain & France

pHYnix’s mission is to accelerate the adoption of renewable hydrogen in the mobility and industrial heat sectors by enabling an economically neutral migration in…
Read more

GravitHy – A sustainable iron and steel company

Value chain Green iron and steel

Region France

Backed by EIT InnoEnergy, Engie New Ventures, FORVIA, GROUPE IDEC, Plug, and Primetals Technologies, GravitHy plans to build, own and…
Read more

FertigHy, a new player in low-carbon fertiliser production, launched to accelerate decarbonisation of food value chain

Value chain Low-Carbon Fertilisers

Region Spain

Consortium of founding investors includes EIT InnoEnergy, RIC Energy, MAIRE, Siemens Financial Services, InVivo and HEINEKEN. FertigHy plans to…
Read more