First Hydrogen is evaluating the integration of Small Modular Reactors (SMRs) into its operations in Europe and Canada to support the production of green hydrogen. SMRs, known for their compact design, offer stability in energy supply, making them compatible with industrial electrolysis processes for hydrogen production. This strategic move aims to address the increasing demand for green hydrogen in regions like Europe and North America where traditional production capacities are insufficient. By utilizing SMRs, First Hydrogen can adapt production according to market needs and reduce logistical costs related to hydrogen transport due to local deployment. While challenges like high initial costs and regulatory differences exist, the company sees the potential in SMRs to optimize costs and accelerate deployment in key markets. Additionally, the dual-purpose nature of SMRs allows First Hydrogen to not only produce hydrogen but also utilize excess energy for grid enhancement and support infrastructure like EV charging stations. This pragmatic approach aligns with public policies promoting hydrogen as a vital component in the energy transition. By leveraging SMRs, First Hydrogen positions itself across a diversified value chain, meeting the evolving market demands where green hydrogen plays a central role in global industrial strategies.