Norway and Germany to Study Possibility of Hydrogen Pipeline Link
(P&GJ) — Norway and Germany agreed to study the transport of hydrogen via a pipeline between the countries, representatives said in a joint statement.
The announcement builds on an agreement German Chancellor Olaf Scholz and Norwegian Prime Minister Jonas Gahr Støre made in January to cooperate and communicate regarding the energy transition, and now it has become more important for Europe to reduce dependence on Russian energy.
“Norway wants to actively contribute to the rapid development of the hydrogen market in Germany and the EU,” the joint statement said. “Germany would like to see Norway become a future partner for the production and supply of hydrogen.”
The countries plan to “rapidly” commission a joint feasibility study on the pipeline that could facilitate the large-scale transport of hydrogen from Norway to Germany.
The countries plan to use blue hydrogen, which is produced from natural gas, but reduces environmental impact by capturing and storing carbon emissions. This would help the countries realize the fastest high-volume imports of hydrogen and ensure its rapid availability, the statement said.
This partnership should help the continent speed up the development of alternative energy sources to substitute for Russian oil and gas. Norway is already a major exporter of oil and gas to Europe and will continue to be a stable supplier during the transition, the countries said in the statement.
“Germany and Norway want to work together closely to ensure a reliable energy supply for Europe that is based on an increasing share of renewable energy,” the statement said. “Both countries aim to be completely climate-neutral by mid-century, Germany by 2045 at the latest, Norway by 2050.”
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- U.S. to Acquire 3 Million Barrels of Oil for Emergency Reserve in September
- AG&P LNG Acquires 49% Stake in Vietnam's Cai Mep LNG Terminal
- BP's Carbon Emissions Increase in 2023, Ending Decline Since 2019
- Texas Sues EPA Over Methane Emission Rules for Oil and Gas Sector
Comments