On Tuesday, President Emmanuel Macron stated that France wants to be a leader in green hydrogen by 2030 and build new, smaller nuclear reactors as part of a 30-billion-euro ($35 billion) investment plan aimed at fostering industrial champions and innovation. The President of the Republic details a massive investment plan. Named France 2030, it aims to avoid the economic downgrading of the country.
In front of an audience of students and business leaders, he called for the reindustrialization of France to “become a great nation of innovation”. He announced “massive investments” to decarbonize French industry, based on nuclear power, green hydrogen and renewable energies.
Speaking six months before the presidential election, Macron stated his long-term road map would ensure the country massively decarbonises its industry and brings industrial production in key areas closer to home.
He added, “We must wage the battle if innovation and industrialisation at the same time. We need a country that produces more. The plan would give a key role to small, agile start-ups in building France’s industrial future alongside well-established giants.”
Some of the plan of Macron are to Making France “the leader in green hydrogen”. “We can still become the leader in this field thanks to our assets, especially thanks to nuclear power, which allows us to consume enough electricity to make electrolysis,” said Emmanuel Macron.
He also predict that France is to produce nearly 2 million electric and hybrid vehicles”. Recalling that “the last 30 years have been cruel for the French automotive industry,” the head of state considered this goal “achievable” if “there is a real cooperative strategy, especially our major manufacturers”. Giants and business leaders, he called in particular to reindustrialize France to “once again become a great nation of innovation.” He announced “massive investments” to decarbonize French industry, based on nuclear power, green hydrogen and renewable energies.
