Six gas operators from Lithuania, Finland, Estonia, Latvia, Poland and Germany signed an agreement on cooperation in the development of hydrogen infrastructure, Lithuanian Amber Grid (one of the project participants) said in a statement, Report informs citing Interfax-Ukraine.
The project was named the North-Baltic Hydrogen Corridor. In addition to Amber Grid, Gasgrid Finland (Finland), Elering (Estonia), Conexus Baltic Grid (Latvia), Gaz-System (Poland) and Ontras (Germany) became parties to the agreement.
The corridor will be able to transport green hydrogen produced in the Baltic Sea region to supply consumers along the entire corridor, as well as in Central Europe. In addition, as the hydrogen infrastructure around the Baltic Sea is further developed, a strong hydrogen market could be created, the report said.
In 2023, at the first stage of project development, the partners will prepare a preliminary feasibility study (prefeasibility study). Based on the recommendations of the pre-feasibility study, a decision will be made to continue the development of the project. The next phases will include design and permitting, construction and commissioning.
The project is expected to enhance the region’s energy security, reduce dependence on imported fossil energy, and play a significant role in reducing the carbon footprint of households and energy-intensive industries along the corridor.