The Nordic Baltic Hydrogen Corridor (NBHC) project partners, including Gasgrid Finland, Elering Estonia, Conexus Baltic Grid Latvia, Amber Grid Lithuania, GAZ-SYSTEM Poland, and ONTRAS Germany, have secured a grant agreement with the European Climate, Infrastructure, and Environment Executive Agency (CINEA) for EU financial support. The grant of €6.8 million will facilitate the feasibility phase of building a large-scale hydrogen pipeline network in the Baltic Sea region. This initiative, part of the Connecting Europe Facility (CEF) under the Trans-European Networks for Energy (TEN-E), aims to conduct studies on technical, economic, regulatory, and environmental aspects. The project's goal is to support the EU's decarbonization targets by integrating renewable hydrogen production, potentially reducing carbon emissions by 37 million tons of CO2 equivalent annually by 2050. The partners anticipate enhancing energy security, supply diversity, and connecting renewable hydrogen production centers to demand hubs, contributing to the region's decarbonization and energy transition. The stakeholders anticipate completing the feasibility phase by early 2027, paving the way for subsequent project development phases leading to corridor commissioning in the early 2030s. Stakeholders from public and private sectors will be engaged throughout the process, underscoring collaboration in achieving renewable energy goals and decarbonizing challenging sectors.