Six gas transmission operators (TSOs) have successfully completed a pre-feasibility study for the Nordic-Baltic Hydrogen Corridor (NBHC), a 2,500km route connecting Finland, Estonia, Latvia, Lithuania, Poland, and Germany. The corridor's purpose is to transport approximately 2.7 million tonnes of green hydrogen annually by 2040, serving as a pioneering cross-border pipeline within Europe. The study outlined a comprehensive framework encompassing technical, legal, organizational, and economic considerations essential for the corridor's realization. Moving ahead, the TSOs are gearing up to initiate the feasibility study for the Important Project of Common European Interest (IPCEI), focusing on detailed technical assessments, commercial viability, and the implementation timeline of the NBHC project. The collaborative effort among producers, transporters, and consumers is highlighted as crucial for Europe's successful energy transition. Notably, Germany, the endpoint of the planned corridor, has decided to elevate its domestic hydrogen production target to 10GW by 2030, anticipating a hydrogen demand of 95-130TWh by the same year, with a significant portion expected to be met through imports. The initiative not only aims to enhance energy security but also reduce reliance on energy imports from third countries, fostering a more sustainable and independent energy landscape for Europe.