Advent Investor Day Presentation Deck
Path to Growth
ADVENT
Irreversible Path To Fossil Fuel Replacement
00
Europe
RePowerEU
"Hydrogen
Accelerator"
B
H₂
17.5 GW
of electrolysers by 2025
10 million tons
of renewable hydrogen
H₂ captive production
2
by 2025 (increasing to
20 million tons in 2030).
€113 billion
for renewables (€86bn) and
key hydrogen infrastructure
(€27bn) by 2030
€300 billion
(50 billion for H2 technologies)
to specifically make Europe
independent of Russian natural gas
Sources: https://ec.europa.eu/commission/presscomer/detail/en/IP_22_3131
U.S.
CO2
https://www.energy.gov/articles/doe-launches-bipartisan-infrastructure-laws-8-billion-program-clean-hydrogen-hubs-across
H₁₂
50-52%
reduction goal from 2005
levels in economy-wide
net greenhouse gas
pollution in 2030.
Bold executive action
recently taken by U.S.
President Biden to
spur clean
energy
manufacturing.
$8 billion
program from the U.S. DOE to
develop regional clean hydrogen
hubs across America through.
https://www.whitehouse.gov/briefing-room/statements-releases/2022/06/06/fact-sheet-president-biden-takes-bold-executive-action-to-spur-domestic-clean-energy-manufacturing/
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