COP 27

Haffner Energy Contributed to the Special Report on Hydrogen - Seite 2

Moreover, biomass, a resource that can be found everywhere and available locally, can be used to produce hydrogen at very competitive costs, especially compared to fossil fuels. This process makes it possible to use local biomass, essentially woody agricultural residues, which is often abundant and unused. Moreover, this allows us to produce green hydrogen on demand without intermittency (8,000 hours/year) and to provide a complementary solution for decarbonization to our customers thanks to the biochar co-production.

Biochar, containing approximately 85% carbon taken from the atmosphere, is an additional major asset and the basis of Haffner Energy's negative carbon footprint technology. For every kg of hydrogen produced with a HYNOCA module, 5.5 kg of biochar is co-produced, allowing the sequestration of 12 kg of CO₂ net in a full life cycle analysis. This carbon resulting from the thermolysis of biomass residues serves as a stable and perennial carbon sink that can be used in soils (as fertilizer or amendment) or incorporated in materials (such as cement).

In the context of fighting climate change, biochar is an extremely effective method of CO₂ capture assessed by the Intergovernmental Panel on Climate Change (IPCC) and the European Union.

Philippe Haffner, Chairman and CEO of Haffner Energy, said: "Renewable hydrogen is the flagship of the Energy Transition, and we will need all means of renewable hydrogen production to meet Europe's ambitious targets. Our HYNOCA solution is available for immediate deployment, without the need for infrastructure. We support our customers across the entire value chain - including biomass procurement, maintenance and operational supervision. Haffner Energy is committed to becoming one of the major players in decarbonization by providing massive solutions to produce competitive and decarbonized hydrogen and renewable gases”.

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To read the full case study with the interview of Philippe Haffner, Chairman and CEO of Haffner Energy, click here.

To download the full Hydrogen Report 2022, click here.

About Haffner Energy
A listed and family company co-founded and co-managed by Marc and Philippe Haffner and a player in the energy transition for 30 years, Haffner Energy designs and provides technologies and services enabling its customers to produce green hydrogen, renewable gas replacing natural gas combined with carbon capture through the co-production of biochar through its HYNOCA and SYNOCA processes, by thermolysis of biomass. Those processes allow the production of hydrogen or renewable gas at highly competitive cost, is carbon negative of 12 kg (net) of CO₂ per kg of hydrogen produced, while depending very little on the electricity grid and the cost of electricity. This enables Haffner Energy to make a very rapid and agile contribution to the strategic challenges of Europe's energy independence combined with the acceleration of its decarbonization.

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The Haffner Energy SAS Stock at the time of publication of the news with a fall of -1,86 % to 4,22EUR on Frankfurt stock exchange (28. November 2022, 08:09 Uhr).