German chancellor Olaf Scholz and French president Emmanuel Macron
Germany and France forge new H2Med link
The countries have agreed to extend the planned pipeline through France, Portugal and Spain into Germany
Germany and France have announced an intention to extend the planned H2Med pipeline into Germany as part of wide-ranging cooperation on hydrogen. France, Spain and Portugal outlined plans for the H2Med pipeline at the end of 2022. The connection could transport up to 2mn t/yr of hydrogen by 2030 and will be split into an overland section between Portugal and Spain—estimated to cost €350mn ($380.6mn)—and a €2.5bn subsea section between Spain and France. H2Med is scheduled for startup in 2026, assuming financing has been secured. The three countries have applied for the pipeline to be given Important Projects of Common European Interest status by the EU in order to unlock state aid. 2026
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