Profits With A Purpose

How Big Corporates And Startups Are Teaming To Build The Hydrogen Economy

How Big Corporates And Startups Are Teaming To Build The Hydrogen Economy
French energy company ENGIE’s DK6 power plant (pictured here) is at the heart of a European project to scale up the use of green hydrogen with the help of small innovative cleantech companies in the Netherlands and Estonia.

Clean hydrogen can fuel cars, power trucks and ships and be a key raw material for refineries, chemical plants and steel mills —sectors where it is proving difficult to meaningfully reduce CO2 emissions.  These sectors tend to cluster at major industrial ports, offering an opportunity to build combined infrastructure. A green hydrogen project at France’s Port of Dunkirk called C2Fuel aims to do just that. The project, which involves startups and large corporates such as French energy company ENGIE and  Germany’s Volkswagen, is part of Europe’s efforts to decarbonize its economies and serves as an example of how large corporates and innovative small companies can collaborate to help solve the United Nation’s Sustainable Development Goals.

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About the author

Jennifer L. Schenker

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.