H2Med Summit: Plans Announced to Connect Barcelona and Marseille with Hydrogen Pipeline by 2030
Leaders from France, Spain and Portugal have announced plans to build an undersea pipeline that will transport hydrogen between the ports of Barcelona in Spain and Marseille in France by 2030. The H2Med summit was held in Alicante, Spain on December 9th 2022 with French President Emmanuel Macron, Spanish Prime Minister Pedro Sanchez, Portuguese President Antonio Costa and the president of the European Commission Ursula von der Leyen present.
Hydrogen Pipeline Summit
The Hydrogen Pipeline Summit is an annual event that brings together industry experts, government officials, and other stakeholders to discuss the current state of hydrogen pipelines. The summit has grown significantly since its inception in 2017, with over 500 attendees from more than 30 countries attending the most recent summit in 2020. The summit focuses on topics such as safety, cost-effectiveness, and sustainability of hydrogen pipelines. Additionally, participants discuss strategies for expanding the use of hydrogen pipelines across different sectors and regions. According to a survey conducted at the 2020 summit, nearly 80% of participants believe that hydrogen pipelines will play a major role in the energy transition towards decarbonization. Furthermore, over 70% of participants reported that they are planning to invest in hydrogen pipeline infrastructure within the next 5 years.You might also like this article: List of 3 Software Venture Capital investors in Europe [2022]. Picture source: Terry Vlisidis