EU to Invest Over €250 Million in Hydrogen Infrastructure Development Studies Across 15 Countries
Key Ideas
- The European Commission will allocate €250 million in grants to fund 21 hydrogen infrastructure development studies across 15 EU countries.
- The funding aims to reduce investment risks and support the hydrogen policy framework outlined in the Gas and Hydrogen Package.
- Projects in various countries like Spain, France, Italy, Portugal, and the Baltic region will benefit from the grants, including the BarMar-H2med project and the Nordic-Baltic Hydrogen Corridor (NBHC) feasibility studies.
- Gas transmission system operators from multiple countries are collaborating on the NBHC project to establish hydrogen corridors in the region, signaling a significant step towards decarbonization.
The European Commission has announced plans to invest over €250 million in grants from the Connecting Europe Facility (CEF) to support hydrogen infrastructure development across 15 countries in the European Union. These grants are aimed at mitigating investment risks in the emerging hydrogen market and complementing the EU's hydrogen policy framework outlined in the Gas and Hydrogen Package. The funding will benefit projects in various countries, including Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Lithuania, Latvia, Poland, Portugal, Spain, and Sweden. Notable projects include the BarMar-H2med project connecting Spain and France, backbone projects in Italy, Portugal, and Spain, as well as initiatives to establish hydrogen corridors and routes in the Baltic region. Additionally, gas transmission system operators from Finland, Estonia, Latvia, Lithuania, Poland, and Germany have commenced feasibility studies on the Nordic-Baltic Hydrogen Corridor (NBHC) to further promote hydrogen infrastructure development and decarbonization efforts in the region.
Topics
Green Hydrogen
Infrastructure
Investment
Decarbonization
Industry
European Union
Policy Framework
Feasibility Studies
Grants
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