Investment Boost for Hydrogen Infrastructure in Southern Germany
Key Ideas
- TSO bayernets invests €210 million in a 40.5km gas pipeline, AUGUSTA, designed for hydrogen transportation.
- KfW IPEX-Bank, Commerzbank, and DZ Bank each contribute to the funding of the hydrogen infrastructure project.
- The AUGUSTA pipeline will connect Wertingen to Kötz and is a vital step towards decarbonizing industrial centers in southern Germany.
- AUGUSTA will link to the SoutH2 Corridor, a European hydrogen pipeline initiative supported by the EU, facilitating the transport of green hydrogen from North Africa to Germany.
Transmission system operator bayernets is investing €210 million in the energy infrastructure of southern Germany, focusing on a 40.5 kilometer-long gas pipeline named AUGUSTA. The pipeline, supported by KfW IPEX-Bank, Commerzbank, and DZ Bank, is specifically designed to meet the basic requirements for transporting hydrogen. KfW IPEX-Bank highlighted that the AUGUSTA pipeline will play a crucial role in securing long-term energy supply in Bavaria and Baden-Württemberg and enable hydrogen transportation in the future, contributing to the decarbonization of industrial centers in the region. Moreover, the pipeline will be connected to the SoutH2 Corridor, an EU-backed initiative for hydrogen pipelines, ensuring the transportation of green hydrogen from North Africa to Germany. This investment marks a significant step towards a sustainable and eco-friendly energy future in Germany.