Teréga is delighted to announce that the European Commission has selected the H2med project for inclusion in its list of Projects of Common Interest (PCI).
The H2med project, aimed at decarbonizing Europe by 2050, calls for the transport of 2 million tons of renewable hydrogen per year, representing 10% of Europe's projected consumption in 2030. Initiated in October 2022, this green energy corridor, approved at the Euromed summit on December 9, 2022 with the support of Ursula Von Der Leyen, links the leaders of Portugal, Spain and France to the EU. It includes a hydrogen interconnection project from Portugal to Spain (CelZa) and a maritime pipeline linking Spain and France (BarMar).
The H2med consortium, formed by Enagas, GRTGaz, REN, OGE and Teréga, is delighted with the European Commission's approval. Its inclusion on the PCI list will speed up procedures from 2024 onwards, and pave the way for easier access to European funding.