Spanish energy company Moeve, alongside a number of other energy and technological companies including thyssenkrupp nucera, DH2, Elyse energy, HDF, Hynamics, QAIR, SEFE, SHS-Stahl-Holding-Saar, and Copenhagen Infrastructure Partners as well as H2med promoters Enagas, GRTgaz, OGE, REN and Teréga, have created a new alliance for the H2Med Southwestern Hydrogen Corridor.
Given the strategic role of hydrogen in the decarbonisation of hard-to-abate sectors including maritime, it is considered essential to develop a trans-European hydrogen ecosystem and establish a single hydrogen market. This will ensure the competitiveness of European industry as well as the long-term security of energy supply and resilience of the European energy system.
The alliance will bring together France, Germany, Portugal and Spain, and reinforce the deployment of a single European hydrogen market and connect hydrogen production, storage and consumption projects.
The initiative aims to accelerate the decarbonisation of industrial regions through the implementation of the H2med Southwestern Hydrogen Corridor by the beginning of the 2030s, with the objective of fostering a robust hydrogen value chain. This effort reflects a shared vision of climate neutrality in Europe driven by renewable and low-carbon hydrogen. In this context, the alliance will contribute towards the decarbonisation and energy transition goals of the European Green Deal and Fit for 55, in alignment with the National Energy and Climate Plans (NECP), the vision articulated in the Draghi report and the upcoming Clean Industrial Deal.
The alliance was announced at an event at the German Embassy in Madrid titled ‘Scaling Up Green Hydrogen for Domestic Use and Export’. This cross-cutting, multiregional and multisectoral collaboration will play a crucial role in establishing a solid foundation to drive both hydrogen supply and demand, creating optimal conditions to develop strategic projects. The alliance will foster collaboration and communication among members across all sectors of the hydrogen value chain (production, technology, consumption, transport etc. This multilateral coordination is seen as a key element in generating a real, long-term force to propel the sector forward.
This alliance will drive domestic hydrogen markets and decarbonisation in their respective countries, by creating incentives to scale up production and consumption capacities, while integrating energy supply and demand across Europe. Through the alliance, the participants will establish a framework for cooperation to contribute to the development of the Southwestern Hydrogen Corridor, primarily shaped by the H2Med, HY-FEN and HySoW pipeline projects, the Portuguese and Spanish backbone networks, in connection with OGE´s pipelines as part of the central German hydrogen network, all of which are recognised (or are candidating) as Projects of Common Interest (PCI) by the European Union.
Moreover, the members of the alliance will collaborate to reinforce the deployment of hydrogen network projects as well as to connect hydrogen production, storage and consumption projects, thereby contributing to the growth of the hydrogen economy in Europe. To achieve this, members will meet regularly to ensure coordination and to identify and share synergies and opportunities. This is an open Alliance that aims to incorporate additional companies and regions in the near future, while also calling on support from governments.
Image: European energy industry met to form a new alliance for hydrogen supply (source: Moeve)
