Greece backs five hydrogen projects
The Greek government said September 6 the state approval of five hydrogen production projects puts them one step closer to securing European support.
A joint ministerial decision backed five projects deemed to be a common interest to the European Union.
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“This development means that the projects in question are one step closer to being supported by European Union financial instruments and to participating in the emerging European hydrogen value chain,” the ministries said.
The five projects are:
- Blue Med, a plan to introduce hydrogen to the transportation segments, namely buses and ships, by 2025,
- Green HIPo, a hydrogen programme utilising electrolysis and fuels cells,
- White Dragon, a cluster of green hydrogen projects in Western Macedonia,
- H2CAT Tanks, the development of high-pressure tanks meant to store hydrogen that would be used in the transportation sector,
- H2CEM-Titan, the use of hydrogen to power the cement industry.
“The development of the hydrogen market is expected to make a decisive contribution to achieving the European goal of transitioning to a climate-neutral regime,” the ministers stated.
In June, the European Commission signed off on a €166.7mn (US$199mn) grant for Greece's plan to build a second LNG import terminal.
The LNG terminal will be built near Alexandroupolis and will have a regasification capacity of 5.5bn m3/year and a storage capacity of 170,000 m3. It is expected to start operations in 2023, joining Greece's existing LNG terminal in Revithoussa, pending a final investment decision.