Hy24
Budget
€25 — €0
EP Access
1
accredited persons
Staff
4
0.8 FTE
EU Grants
None
Mission & Goals
Hy24 is convinced of the potential of hydrogen as a low-carbon energy carrier, and is financing large-scale projects that have a sustainable impact on the economy and society and offer the greatest returns. To reach Net Zero by 2050, the world needs power from molecules as well as electrons. Renewables will provide the electrons and produce hydrogen. Hydrogen is the clean energy vector that will substitute for carbon rich energy uses in hard to abate sectors. It is the ideal energy feedstock for industrial processes, heavy and intensive mobility powering, and the perfect vector to move energy from its production source through space and time. Through its impact funds, ‘the Clean H2 Infra Fund’ and the Clean Hydrogen Equipment Fund, Hy24 is providing financial capital to fund credible, large-scale clean hydrogen infrastructure projects world-wide.. Hy24 drives the essential scale-up of the hydrogen economy through our selective support of both supply- and demand-generative projects.
EU Legislative Interests
In line with its ambition to support the EU's decarbonisation agenda and the achievement of the Paris Agreement goals worldwide, Hy24 supports strong policies driving the production and use of clean and renewable energy, in particular renewable and low-carbon Hydrogen. As such, it has an interest in the EU Green Deal, the Renewable Energy Directive, the Alternative Fuels Infrastructure Regulation, the Emission Trading System and Carbon Border Adjustment Mechanism, the ReFuelEU Aviation and FuelsEU Maritime, the Energy Tax Directive, the EU Taxonomy for Sustainable Finance, support mechanisms for hydrogen production and other policies that help drive decarbonisation and the uptake of clean hydrogen
Communication Activities
Hy24 regularly publishes op-ed or co-sign public letters supporting the deployment of clean hydrogen, encouraging supporting policies and sharing the experience of an investor in this field.
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
Hy24's parent company Five T Hydrogen is member of Hydrogen Europe (https://hydrogeneurope.eu/) and the Hydrogen Council (https://hydrogencouncil.com/en/) Hy24 is member of the national hydrogen associations of France, Germany and the Netherlands Hy24 is member of France Invest, the French association for professionals of capital investment Hy24 is also a signatory of the UN Principles of Responsible Investment (UN PRI) (https://www.unpri.org/)
Organisation Members
See above.
Commissioner Meetings
No recorded meetings with EU commissioners.