Lower Saxony to fund hydrogen pipeline project in North Sea
The state of Lower Saxony will provide EUR 60 million (USD 61.7m) to support the construction of an offshore hydrogen pipeline in the North Sea, the Hydrogen Network of Lower Saxony (NWN) said on Tuesday.The project, called AquaDuctus, will be further backed by the federal government with EUR 140 million in funding.The AquaDuctus pipeline will be over 400 km (248.5 miles) long and will transport green hydrogen produced via offshore wind power to the mainland. The project is part of the larger initiative, AquaVentus, under which around 10 GW of electrolysis capacity is planned to be built offshore. This could enable the production of around 1 million tonnes of green hydrogen per year.According to the AquaDuctus website, project partners are German gas pipeline network operator Gascade Gastransport GmbH and Belgium infrastructure group Fluxys. The companies agreed to collaborate in July 2022.NWN is an initiative that co-ordinates and promotes hydrogen-related activities in Lower Saxony.(EUR 1 = USD 1.029)
The state of Lower Saxony will provide EUR 60 million (USD 61.7m) to support the construction of an offshore hydrogen pipeline in the North Sea, the Hydrogen Network of Lower Saxony (NWN) said on Tuesday.
The project, called AquaDuctus, will be further backed by the federal government with EUR 140 million in funding.
The AquaDuctus pipeline will be over 400 km (248.5 miles) long and will transport green hydrogen produced via offshore wind power to the mainland. The project is part of the larger initiative, AquaVentus, under which around 10 GW of electrolysis capacity is planned to be built offshore. This could enable the production of around 1 million tonnes of green hydrogen per year.
According to the AquaDuctus website, project partners are German gas pipeline network operator Gascade Gastransport GmbH and Belgium infrastructure group Fluxys. The companies agreed to collaborate in July 2022.
NWN is an initiative that co-ordinates and promotes hydrogen-related activities in Lower Saxony.
(EUR 1 = USD 1.029)
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