Southern Europe has the honor to start the European Hydrogen Pipeline project H2Med which aims to develop the use of hydrogen on the continent.
Le président français Emmanuel Macron (D) et le chancelier allemand Olaf Scholz-POOL/AFP – BENOIT TESSIER
President Macron said, “We have decided to expand the H2Med project which, thanks to European funding, links Portugal, Spain and France (…), to Germany which will be a partner in this hydrogen infrastructure strategy”,
In Spain, in Madrid, the Spanish Ministry of Energy confirmed the agreement reached on Sunday “for the accession of Germany to H2Med”, which follows “discussions between the Spanish, German, French and Portuguese governments, favored by their deeply European vision”.
This memorandum of understanding “strengthens the pan-European dimension of H2Med” and allows Spain to “become a hub for green energy from the Iberian Peninsula to Central and Northern Europe,” the ministry added in a statement.
The pipeline, located under the Mediterranean Sea, will transport green hydrogen, made from water by electrolysis, using a process based on renewable energy.
Madrid hopes that H2Med will be able to transport some two million tons of hydrogen to France each year, or 10% of the European Union’s estimated hydrogen needs. The project is expected to cost 2.5 billion euros.
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