Enagás, GRTgaz, Teréga and REN sign an MoU for the development of H2MED – first green Hydrogen Corridor in the EU.
The Spanish TSO Enagás, the French TSOs GRTgaz and Teréga and the Portuguese TSO REN have signed a Memorandum of Understanding (MoU) to formalise their commitment to collaborate on a coordinated basis on the joint development of H2MED.
They also agreed on the conclusion of a hydrogen interconnection between Portugal and Spain (Celorico-Zamora) as well as the development of a maritime pipeline connecting Spain and France (Barcelona-Marseille) to transport renewable hydrogen from the Iberian Peninsula to Central Europe.
The development of H2MED is the first pillar of the European Hydrogen Backbone aiming at accelerating the decarbonization of Europe, by creating the needed hydrogen infrastructure to enable the development of a competitive, liquid and pan-European hydrogen market.
H2MED will accelerate the deployment of hydrogen in Europe and connect the Iberian Peninsula to France and to the Northern part of Europe.
Among the benefits of this project are the promotion of industrial development, with a high level of innovation, the reduction of emissions and the development of renewable energies, as well as the creation of employment and the promotion of a just transition.