Energy links announced in October to transport gas in the first phase between Portugal, Spain and France will eventually only transport hydrogen from renewable sources and cost a total of 2.850 million euros, the governments confirmed this Friday in Alicante. from the three countries participating in the project.
The “Green Energy Corridor”, as it became known, is now designated H2MED and provides for a connection between Celorico da Beira and Zamora, completed in 2030, of 248 kilometers and an estimated cost of 350 million euros. Between Spain and France, the planned union will be carried out by submarine, will connect Barcelona and Marseille for 455 kilometers and will cost 2,500 million euros.
European funding for the entire project could be 50%.
DETAILS
Sinus gas out
Environment Minister Duarte Cordeiro said in November that the agreement between the three countries “unblocked (…) the gas connection” and that “the significance of Sines will be strengthened.” But for now, it’s out.
On par with Europe
European Commission President Ursula von der Leyen said the agreement between the three countries is in line with Brussels.
H2MED transports 20% of hydrogen consumed in Europe
The “Green Energy Corridor” between Portugal, Spain and France, dubbed H2MED, will have the capacity to transport 2 million tons of green hydrogen per year through the connection between Barcelona and Marseille and 750 thousand tons through the connection between Celorico da Beira and Zamora, according to the information. , known this Friday at the energy summit in Alicante. This amount corresponds to 20% of the estimated consumption of green hydrogen in the European Union in 2030.