European and Algerian Companies Collaborate on Green Hydrogen Production and Transport Project
Key Ideas
- Six energy companies from Europe and Algeria are exploring the feasibility of a large-scale green hydrogen production project in Algeria and its transportation to Europe through the 'SoutH2 Corridor' project.
- The proposed 3,300-kilometre hydrogen pipeline intends to link North Africa with Italy, Austria, and Germany, with the potential to supply a significant portion of Europe's hydrogen import target by 2030.
- The partnership involves assessing the technical and economic viability of the green hydrogen value chain, from production in Algeria to distribution across Europe, building on previous agreements and aiming to boost cooperation in the clean energy sector.
- Germany and Algeria are also working on establishing a bilateral hydrogen task force to further enhance collaboration in the field of clean energy.
Six European and Algerian energy companies have come together to evaluate the feasibility of a major green hydrogen production initiative in Algeria and its subsequent transport to Europe via the 'SoutH2 Corridor' project. The ambitious plan involves a 3,300-kilometre hydrogen pipeline that is designed to connect North Africa with key European countries like Italy, Austria, and Germany. The project has the potential to contribute significantly to Europe's hydrogen import goals, aiming to meet 40 percent of the target by 2030. The collaboration includes renowned companies such as VNG from Germany, SNAM from Italy, Sea Corridor from Italy, VERBUND from Austria, and Algerian energy giants Sonatrach and Sonelgaz. Together, they will conduct a comprehensive assessment of the technical and economic viability of the green hydrogen value chain, spanning from production in Algeria to the transportation network extending across Europe. This partnership expands on a previous agreement between VNG and Sonatrach and signifies a deeper commitment to advancing cooperation in the clean energy sector. Furthermore, the joint efforts between Germany and Algeria to establish a bilateral hydrogen task force underline the shared commitment to enhancing collaboration in clean energy, demonstrating a positive outlook towards sustainable energy solutions in the region.
Topics
Europe
Projects
Clean Energy
Partnership
Pipeline Project
Energy Companies
North Africa
Bilateral Cooperation
Technical Assessment
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