European Hydrogen Backbone joined by six more companies| MENAFN.COM

Tuesday, 24 May 2022 01:57 GMT

European Hydrogen Backbone joined by six more companies


(MENAFN- Trend News Agency)

BAKU, Azerbaijan, Jan.20

By Leman Zeynalova – Trend:

Six more companies, namely, Amber Grid (Lithuania), Bulgartransgaz (Bulgaria), Conexus Baltic Grid (Latvia), Gassco (Norway), Plinacro (Croatia), and REN (Portugal) have joined the European Hydrogen Backbone (EHB) initiative, Trend reports with reference to Fluxys company, an EHB member.

The European Hydrogen Backbone initiative plans a pan-European dedicated hydrogen transport infrastructure.

By broadening its base, this initiative has now reached 29 energy infrastructure operators covering 27 European countries.

In 2022, the EHB initiative will focus its efforts on developing techno-economic assessments of frequently mentioned hydrogen supply corridors, and the potential role of regional cooperation by infrastructure operators in carrying them out. In parallel, the group will be updating, expanding, and digitising its network maps while revamping the EHB website to provide stakeholders easier access to key insights.

Through these activities, the EHB aims to accelerate Europe's decarbonisation journey by defining the critical role of hydrogen infrastructure – based on existing and new pipelines – in enabling the development of a competitive, liquid, pan-European renewable and low-carbon hydrogen market. The initiative seeks to foster market competition, security of supply, security of demand, and cross-border collaboration between European countries and their neighbours.

---

Follow the author on Twitter: @Lyaman_Zeyn

MENAFN20012022000187011040ID1103568103


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.