By Alice Dore and Joshua Kirby Electricite de France SA plans to increase spending on development of renewable energy by nearly 30% this year as it aims to boost its position in green hydrogen, according to two executives. The French utility spent close to 2 billion euros ($2.17 billion) on renewables last year and aims to significantly increase that figure in 2022, group renewable-energy chief Bruno Bensasson told a press conference Wednesday. Mr. Bensasson is head of EDF Renewables, a unit grouping EDF’s solar, wind and energy-storage activities.
EDF meanwhile also plans to become a leader in green hydrogen by 2030, with a plan to develop projects of three gigawatts between now and then, according to innovation chief Alexandre Perra. The projects will entail jointly financed investment amounting to EUR2 billion-EUR3 billion, including industrial…