Europe Invests €35 Million in the H2med Project: Advancing Hydrogen Infrastructure
Key Ideas
- European Executive Agency for Climate, Infrastructure and the Environment (CINEA) supports H2med project under CEF, promoting interconnection across Europe.
- €35 million allocated for BarMar (Barcelona–Marseille) and CelZa (Portugal–Spain) sections to cover engineering studies and development of hydrogen infrastructure.
- H2med Alliance launched in Madrid to advance the European hydrogen economy, with significant involvement from governments and key industry players.
- Future steps include applying for new tenders under MIE and final investment decision to further progress the hydrogen infrastructure project.
The European Executive Agency for Climate, Infrastructure and the Environment (CINEA) has allocated €35 million for the H2med project, split between the BarMar and CelZa sections. The funding will support engineering studies and the development of hydrogen infrastructure, marking a significant step forward for the project. The awarding of these funds demonstrates the technical progress and the crucial role of the corridor in the future European hydrogen economy. The next phase involves applying for new tenders under the MIE, with a final investment decision on the horizon. In Madrid, the H2med Alliance was launched, bringing together representatives of the German and Spanish governments, transmission system operators, and various companies along the value chain. This collaboration aims to drive the advancement of the European hydrogen economy. Stay updated with the latest hydrogen news by subscribing to the LinkedIn newsletter for regular updates.
Topics
Europe
Investment
Energy Transition
Infrastructure Development
European Economy
Engineering Studies
Interconnection Projects
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