SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Greece-Bulgaria hydrogen link poised to get EU funding

Nov 29, 2023, 10:30:01 AMArticle by Antonia Kokalova-Gray
share
November 29 (SeeNews) - The European Commission has included in its list of approved projects of common interest (PCI) the proposed Bulgarian hydrogen infrastructure, which will have an interconnection point with a similar network in Greece, Bulgarian gas grid operator Bulgartransgaz said.

Greece-Bulgaria hydrogen link poised to get EU funding
Source: Ramboll Group A/S.

Projects included in the list stand to qualify for expedited permitting processes and subsidies.

Apart from the border interconnection at Kulata/Sidirokastro, the proposed hydrogen infrastructure will consist on the Bulgarian side of a new 250-km pipeline and two compressor stations near the southwestern towns of Dupnitsa and Kulata, Bulgartransgaz said in a press release on Tuesday.

With a capacity for a bidirectional flow, the pipeline would be able to transport both domestically produced hydrogen and hydrogen from Greece, Bulgartransgaz added.

The project is an important part of the development of a Southeast European hydrogen network and will facilitate the flow of green hydrogen from Southeast to Central Europe, Bulgartransgaz CEO Vladimir Malinov said.

The Commission announced on Tuesday the adoption of a list of 166 cross-border energy projects, which will benefit from accelerated planning and permitting procedures and can apply for funding under the Connecting Europe Facility (CEF).

Projects eligible to be classed as PCIs should profoundly influence energy markets and market integration in at least two EU member states, enhance competition in energy markets, and boost EU energy security and renewables deployment in line with Green Deal targets, according to the Commission.

Bulgartransgaz has already received CEF funding in support of two projects -- the construction of the Bulgaria-Serbia natural gas link, which is on the verge of becoming operational, and the ongoing expansion of the Bulgarian underground gas storage facility Chiren.

In September, Bulgartransgaz said that it has joined forces with Bulgarian and US companies to study the possibility of producing and using green hydrogen at Chiren.

Earlier in November, the Bulgarian gas grid operator unveiled plans to sign a memorandum of cooperation with Spanish energy company Enagas in the sectors of hydrogen and liquefied natural gas (LNG).

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.