ESG Post

Environment Regulators

Italy, Germany & Australia sign declaration to develop ‘Southern Hydrogen Corridor’

Germany, Austria, and Italy signed a joint declaration of intent to develop the ‘Southern Hydrogen Corridor’ an advanced hydrogen import corridor linking the three countries.

The project has been selected at the European level as a Project of Common Interest. European Union Energy Commissioner Kadri Simson said during the signing of the declaration, “An initiative that has the potential to become a key project to transport much-needed renewable hydrogen to the EU’s industrial centres and support their decarbonization, It will also strengthen the interconnection between our member states and with our partners in North Africa.”

German Minister for Economic Affairs and Climate Action, Robert Habeck said, “The Southern Corridor will play an important role, especially for the supply of green hydrogen in the southern German regions. The development of a functioning hydrogen market in the EU is a guarantee for accelerating the energy transition and especially for reducing CO2 emissions in difficult sectors.”

Austrian Minister for Climate Action and Energy, Leonore Gewessler pointed out that the Southern Hydrogen Corridor will be crucial for the start-up of a European market, which is why Germany, Italy, and Austria initiated a joint working group last year and today signed the joint declaration of political intent.