Gas transmission system operators (TSOs) from Finland, Estonia, Latvia, Lithuania, Poland, and Germany have completed a pre-feasibility study on the Nordic-Baltic Hydrogen Corridor (NBHC). The study, initiated in January 2024, outlines the key conditions for the implementation of the corridor, aimed at transporting renewable hydrogen among the six countries. The region is estimated to have a renewable hydrogen production potential of around 27.1 million tons by 2040, derived from onshore and offshore wind and solar sources. The corridor plans to transport up to 2.7 million tons of renewable hydrogen annually by 2040, with a proposed pipeline diameter of 48 inches and a length of approximately 2,500 kilometers. The project partners emphasize the importance of this initiative in boosting the hydrogen economy and facilitating Europe's energy transition. The infrastructure is seen as a means of long-term storage for renewable energy, improving energy security by enabling the production of electricity during low renewable energy output periods. The project is expected to enhance energy security, reduce carbon emissions by up to 37 million tons of CO2 equivalent per year by 2050, and contribute to the decarbonization of challenging sectors. Recognized as a significant element in Europe's shift towards sustainable energy, the NBHC was granted the status of a project of common interest by the European Commission, making it eligible for EU project funding. The next steps involve commencing a feasibility study to delve into the technical, commercial, and economic aspects as well as the detailed implementation timeline of the corridor. This initiative is seen as vital in supporting the EU's climate goals, fostering regional energy cooperation, and reducing dependence on energy imports from non-EU countries.