Nordic-Baltic Hydrogen Corridor Feasibility Phase Initiated by Gas Transmission System Operators
Key Ideas
- Six gas transmission system operators in Europe are starting the feasibility phase for the Nordic-Baltic Hydrogen Corridor (NBHC), focusing on pipeline routing, financial analysis, and environmental permitting.
- The project aims to reduce carbon emissions, promote business growth, and support the development of a hydrogen economy in Europe, aligning with the EU's climate goals.
- The NBHC project, recognized as a Project of Common Interest, could reduce up to 37 million tons of CO2 equivalent per year by 2050, enhancing energy security and supply diversity in the region.
- TSOs have applied for Connecting Europe Facility funding and are conducting cross-border analyses to substantiate the project, expected to be completed by the end of 2026.
Six European gas transmission system operators are embarking on the feasibility phase for the Nordic-Baltic Hydrogen Corridor (NBHC) after completing a pre-feasibility study. The project will analyze pipeline routing, financial aspects, environmental permits, and safety issues until mid-2026. Additionally, cross-border studies will focus on project coordination, technical alignment, and stakeholder engagement to support the NBHC planning. The NBHC project, part of the EU's decarbonization efforts, aims to integrate renewable hydrogen across six member states, potentially reducing carbon emissions by 37 million tons of CO2 per year by 2050. The initiative received recognition as a Project of Common Interest and is seeking funding under the Connecting Europe Facility. This project is crucial for Europe's transition to sustainable energy, boosting energy security and facilitating hydrogen production for hard-to-abate sectors.
Topics
Policy
Renewable Energy
Energy Security
Carbon Emissions
Energy Transition
Funding
Decarbonization
European Union
Energy Cooperation
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