According to a preliminary feasibility study completed by Nordic and Baltic natural gas transmission system operators on the 9th, the Nordic-Baltic hydrogen energy corridor can transport 2.7 million tons of hydrogen fuel every year. The corridor will be one of the first cross-border hydrogen projects to be operated in Europe and is expected to reduce carbon dioxide emissions by 37 million tons per year by 2050.
Danius Krewis, Minister of Energy of Lithuania, said,"Hydrogen is the core of the entire green energy transformation. Without it, the decarbonization of the industrial and transportation sectors would be unimaginable." He also said that it is estimated that by 2050, Lithuania will become one of the leaders in green hydrogen production and exports in the Baltic Sea region, and the planned corridor is a key measure to achieve this goal.
The S & P global website said on the 9th that the Nordic-Baltic hydrogen energy corridor is part of Europe's hydrogen energy backbone. The European hydrogen energy backbone network plans to build a 28000-kilometer-long dedicated hydrogen pipeline network by 2030 and expand to a total of 53000 kilometers in 28 European countries by 2040. The plan is supported by 31 energy infrastructure operators. Nordic countries can make full use of excess hydropower and wind power generation, produce hydrogen through water electrolysis, and export hydrogen through pipelines to high-demand centers such as Germany, which is expected to need large amounts of imported hydrogen to meet expected demand.
The Nordic-Baltic Hydrogen Energy Corridor project partners signed a cooperation agreement in December 2022. In April 2023, the European Commission granted the project common interest project status, allowing it to obtain EU funds and speed up approval. Relevant reports say that after completion, the project will help increase the diversity of supply sources and enhance energy security in the Baltic Sea region and Europe. (Ren Zhong)
