United States and Europe to Link Up through World's Biggest Hydrogen Tunnel
Key Ideas
  • The US and Europe, through the Transatlantic Clean Hydrogen Trade Coalition, plan to link up for a large-scale hydrogen transfer project aiming to deliver over 3 million metric tons of renewable hydrogen annually by 2030.
  • The project involves shipping renewable hydrogen in the form of ammonia and methanol through a corridor, with the US fuel manufacturers delivering to European heavy-industry consumers.
  • Major companies and industry players from both continents are joining forces to facilitate the hydrogen trade, with endorsements from over 20 key private sector companies vital for the hydrogen economy's development.
  • Renewable hydrogen is seen as a crucial element in the global fight against climate change, playing an essential role in achieving carbon neutrality by 2050.
The United States and Europe are set to strengthen their ties by embarking on a groundbreaking project that involves the transfer of over 3 million metric tons of renewable hydrogen annually by 2030. This endeavor is part of the Transatlantic Clean Hydrogen Trade Coalition's plan to connect US fuel manufacturers with European heavy-industry consumers through a large-scale hydrogen transfer system. The project aims to utilize ammonia and methanol as carriers for renewable hydrogen, with ammonia being shipped via the Gulf Coast due to existing infrastructure. Key industry players from both continents are collaborating to make this project a reality. The initiative has received endorsements from more than 20 major companies, including Linde, Shell, NextEra Energy, and Trafigura, highlighting the significant private sector support for the development of the hydrogen economy. Renewable hydrogen is hailed as a critical element in the global battle against climate change, with renewable hydrogen derivatives playing a vital role in achieving carbon neutrality by 2050. The US and Europe's joint efforts reflect a shared commitment to decarbonization and sustainable energy practices, showcasing the potential for international collaboration to address pressing environmental challenges.
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