Axpo and its partner shareholders, including Schätzle AG, EWA-Energie Uri, and SGV Holding AG, have initiated the construction of a new green hydrogen production plant in Bürglen, Switzerland. This facility, a project by H2Uri, will be powered by green electricity from the adjacent EWA-Energie Uri hydropower plant and is set to produce up to 260 tonnes of green hydrogen annually. The produced hydrogen will fuel various applications, including the 'Saphir' hydrogen passenger vessel on Lake Lucerne, aiming to reduce CO2 emissions significantly. Axpo's commitment to the hydrogen economy is further demonstrated through their investment in projects like the one in Wildegg-Brugg, Aargau, which aims to supply green hydrogen for transportation and industrial purposes in the region. The company emphasizes the role of hydrogen in decarbonization efforts and energy security, highlighting the need for a diversified energy mix. With an active participation in hydrogen-related events and the formation of partnerships, Axpo aims to drive the development of the hydrogen economy, viewing hydrogen as a crucial component in achieving decarbonization objectives.