Annual Report 2023

Joining forces to accelerate hydrogen mobility

Joining forces to accelerate hydrogen mobility

Vision

Transportation is essential to our daily life but it comes at an environmental price. Around 15% of the world’s total CO2 emissions originate on its roads, with heavy duty vehicles accounting for a major share. Society at large is pushing for alternatives to decarbonize transportation. Air Liquide is contributing to intensify the use of hydrogen as a decisive lowcarbon solution for mobility. To actively participate in this crucial momentum, the Group is forming partnerships with major local players to establish a low-carbon and viable hydrogen ecosystem in Europe, Asia and the U.S.

100 hydrogen stations to be built in the coming decade in Europe

Action
Joint initiative to power heavy-duty transport in Europe

In 2023, Air Liquide and TotalEnergies created TEAL Mobility, aiming to establish over 100 hydrogen refueling stations on Europe’s main road corridors over the next decade, creating the first transnational European network for trucks. This joint venture, equally held, combines Air Liquide’s expertise on the hydrogen value chain with TotalEnergies’ long experience in operating and managing station networks. Aligned with the European Union’s decarbonization goals, TEAL Mobility’s objective is to reach early on a minimum viable network for heavy duty truck operators to develop and deploy hydrogen vehicles with confidence, thus contributing to the widespread adoption of hydrogen for heavy duty mobility.

Fostering the rise of the hydrogen economy in Asia

In Asia, hydrogen momentum is not lagging behind. For instance, South Korea targets a 35% reduction of its greenhouse gas emissions by 2030, aiming for carbon neutrality by 2050. Hydrogen is pivotal, leading Air Liquide to collaborate with Lotte Chemical and investing in advanced hydrogen filling centers. Air Liquide provides expertise, Lotte Chemical access to substantial hydrogen. With a strong commitment to the ‘Hydrogen Economy Roadmap,’ South Korea leads the transition to a hydrogen economy and cleaner mobility.

Similarly, Japan, aiming for a low-carbon society by 2040, prioritizes sustainable mobility with hydrogen. Air Liquide partners with ENEOS Corporation to accelerate the development of low-carbon hydrogen, leveraging ENEOS’s infrastructure and market presence, and Air Liquide’s 60 years of expertise in hydrogen, including Carbon Capture, Utilization, and Storage (CCUS).

Bolstering the hydrogen mobility market in the U.S.

Air Liquide and Trillium Energy Solutions have signed in 2023 a Memorandum of Understanding to pursue the development of the heavy-duty hydrogen fueling market in the U.S. This significant collaboration marks a pivotal milestone in accelerating the decarbonization of the transportation sector while bolstering the hydrogen mobility market. The ambition through this partnership is to initially support the development of 150 tons per day of hydrogen production and the refueling infrastructure capable of supplying more than 2,000 heavy-duty vehicles.

These partnerships demonstrate Air Liquide’s expertise and its contribution to the development of low-carbon ecosystems for a more sustainable mobility.