Original title: Germany and Norway will jointly build a hydrogen pipeline
On January 5, local time, the German Vice-Chancellor and Minister of Economy and Environmental Protection Habeck, visiting Norway, signed an agreement with the Norwegian Prime Minister Steller: the two countries will establish an energy partnership and build a link by 2030. between the two countries.
It is reported that the new hydrogen pipeline will be jointly built and operated by Germany’s Rheinland Energy and Norway’s Statoil. Statoil said this hydrogen pipeline will cost 3 billion euros (about 21.66 billion yuan), and the investment of the entire project could require tens of billions of euros.
It is estimated that after the completion of the pipeline, Norway can transport approximately 4 million tonnes of hydrogen to Germany each year, which is equivalent to about 135 TWh of energy, which is Norway’s total hydroelectric power generation capacity. If all permits are approved, the project should be completed within the next few years, with the hydrogen pipeline expected to be operational by 2030. Habeck stressed that hydrogen is crucial for new German power plants.
Norway has become Germany’s most important gas supplier since Russia stopped supplying gas to Germany. Norway currently supplies more than a third of Germany’s natural gas.