EU Promotes Nordic-Baltic Hydrogen Corridor
The EU Commission’s decision will significantly advance the development of a European hydrogen infrastructure. In the competition for EU infrastructure funding, this decision is proof of the quality and necessity of the NBHC project and demonstrates its potential to contribute to the EU’s energy self-sufficiency goals and support the transition to clean energy.
The €6.8 million CEF funding will help the NBHC project to carry out feasibility studies in the respective countries. These studies will focus on several key aspects, including pipeline routing planning, compressor station planning, financial and economic analysis, environmental and safety permitting, and implementation timeline studies. These studies are expected to run until the end of 2026.
“We welcome the European Commission’s decision to grant us this substantial amount for the further development of the NBHC. This is proof of the importance of the project for the future of a clean and secure energy supply for European Member States. We are pleased that we can continue to drive forward this project of European significance,” said Gunar Schmidt, ONTRAS Managing Director Operations and Safety.
The NBHC is a joint project of six European transmission system operators: Gasgrid vetyverkot Oy (Finland), Elering (Estonia), Conexus Baltic Grid (Latvia), Amber Grid (Lithuania), GAZ-SYSTEM (Poland) and ONTRAS (Germany) and an important building block for Europe’s transition to a sustainable and decarbonized energy system. The NBHC will significantly support the EU’s decarbonization targets through the integration of renewable hydrogen in six member states.
The corridor could reduce carbon emissions by up to 37 million tons of CO2 equivalent per year by 2050. The corridor will improve the security of energy supply in Europe by connecting domestic production of renewable hydrogen with existing and new demand centers and contribute to the decarbonization of sectors that are otherwise unable or struggling to reduce their emissions, such as the steel and chemical industries.
Source: https://www.ontras.com/en/aktuelles/newsroom/finnischer-wasserstoff-pipeline-nach-deutschland-eu-foerdert-transportprojekt
