Nordic-Baltic Hydrogen Corridor
Nordic-Baltic Hydrogen Corridor
Connecting competitive green and low carbon hydrogen supply produced in the Baltic Sea region with supply consumption points and industrial clusters along the Corridor and in Central Europe.
Promoting cooperation and integration among EU countries by development of cross-border hydrogen infrastructure and thereby strengthening common energy markets and improving energy supply security across the region.
Providing Europe with domestic, competitive green H2 supply and ensuring build-out of renewables where it is the most economical and thereby contributing to European targets of providing affordable energy to its citizens.
Improving energy security and diversification of energy supply instead of importing fossil energy to Europe its replaced by domestically produced green and low-carbon energy what makes the EU less vulnerable to geopolitical tensions and energy price fluctuations.
Enhancing market integration and creation of integrated H2 markets around the Baltic Sea to ensure the development of H2 value chains.
Fostering innovation and business opportunities in hydrogen value chains related technologies, services and solutions and thereby accelerating the European wide sustainable growth and development and improving Europe’s position in the global competition
Based on the pre-feasibility study results the TSOs now plan to commence a feasibility study covering the project‘s detailed technical analysis, commercial and economic assessment as well as the detailed implementation timeline of the Nordic-Baltic Hydrogen Corridor.
In April 2024, the NBHC was publicly granted with the status of the project of common interest (PCI) by the European Commission as part of the 'Baltic Energy Market Interconnection Plan for Hydrogen' (BEMIP Hydrogen). The PCI status enables benefits such eligibility to apply for EU project funding and accelerated perming granting procedures.