Germany will join a new hydrogen pipeline project between Spain, Portugal and France, according to the Franco-German declaration on Sunday’s 60th anniversary of the Elysee Treaty.
The project, called H2Med, will connect Portugal and Spain with France and now Germany to supply about 10% of the European Union’s hydrogen demand by 2030.
The pipeline under the Mediterranean Sea will carry green hydrogen, made from water via electrolysis using renewable energy.
The Spanish government estimates H2Med will be able to supply some two million metric tons of hydrogen annually.
It comes as Europe scrambles to reduce dependence on Russian energy and shift from fossil fuels to cleaner energy.Is bureaucracy stalling the energy transition? To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video
Germany and France committed to developing…