November 7, 2024
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HomeSEE Energy NewsGreece advances green hydrogen strategy to supply Germany and Central Europe

Greece advances green hydrogen strategy to supply Germany and Central Europe

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Greece is making significant strides in its renewable fuel strategy, with plans to decarbonize its industry and heavy-duty transport sectors through green hydrogen production. The country is aiming to position itself as a key supplier of hydrogen to Germany—Europe’s largest hydrogen market—as well as other Central European nations, including Bulgaria, Romania, Hungary, Slovakia and the Czech Republic.

Germany is preparing to become Europe’s largest importer of hydrogen, with the recent approval of a €19 billion project to build a 9,040-kilometer hydrogen pipeline network by 2032. By 2030, Germany’s hydrogen demand is expected to reach 130 TWh annually, with 100 TWh to be met through imports. Greece is poised to meet a significant portion of this demand, leveraging its surplus renewable energy for green hydrogen production, which will be exported to Germany and other countries.

Greek natural gas transmission system operator DESFA has highlighted Greece’s strategic role in a hydrogen corridor connecting the Middle East and North Africa to Central Europe. Greece offers a favorable environment for cost-effective green hydrogen production, with its ideal geostrategic location, strong geopolitical stability, and the potential for significant energy exports to help support Germany’s and the broader region’s energy transition goals.

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With these developments, Greece is positioning itself as a vital player in the growing European hydrogen market, benefiting from its renewable energy capacity and proximity to major energy hubs in Europe.

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