Green hydrogen connects Europe with Africa - Agreement signed for the construction of the Southern Corridor
The agreement is signed for the construction project of the Southern Hydrogen Corridor (SouthH2Corridor), which runs along 3,300 kilometers from North Africa through Italy, Austria and Germany.
The pipeline, which is expected to enter into operation from January 1, 2030, represents an essential part of the EU's energy transition objectives and the diversification of supply lines.
The corridor will connect North Africa, Italy, Austria and Germany, allowing the supply of low-cost hydrogen produced in the South to major European energy groups.
With a hydrogen import capacity of 4 million tons per year from North Africa, the infrastructure could meet more than 40% of RepowerEU's import target.
The initiative is based on the use of existing, up-to-date infrastructure for hydrogen transportation, with the inclusion of new dedicated infrastructure where necessary.
A high percentage of redeveloped gas pipelines (60-70%) will allow for economical transportation, while access to favorable locations for renewable hydrogen production (wind and solar) in North Africa will favor competitive production, allowing the end user to benefit from it.
The corridor has gained strong support from buyers and warehousing operators along the entire route.
Poll
From February 1, a new energy measurement system - Balluku: It will accurately verify consumption. OSHEE adds 120 readers
Deputy Prime Minister, Minister of Infrastructure and Energy Belinda Balluku, together with OSHEE Administrator Enea Karakaçi and OSSH Administrator Blendian......
303 foreign exchange points in Tirana alone - BoA: In 2024, 24 licenses were removed, but 13% were added compared to 2023
In 2024, the number of foreign exchange points throughout the country increased, but on the other hand, the number of entities whose licenses were revoked by......
13.86 million euros for the floating plant in Vau i Dejës - Contract signed with the Chinese-Spanish consortium
The design, construction and operation of the floating solar plant in Vau e Dejës will cost 13.86 million euros. The European Bank for Reconstruction and......
Pensioner bonus, almost 63 million euros - Normative Act 2024, Malaj: Vulnerable groups were supported
Through a normative act, at the end of 2024, the government redistributed about 50 billion lek or 500 million euros between budget expenditure items, current......
The most "coveted" destinations from Rinas Airport - Mainly Italian ones, Vathi: Interest increased with the addition of direct lines
Albanians' curiosity about new European cities and countries, vacations in traditional places, or even foreign tourists, have significantly increased the......
Tirana-Durres train, 40.7 million euro loan approved - Muçaj: It will be used for 8 stations and the increase in material costs
The Parliamentary Committee on Productive Activities has approved an additional loan of 40.7 million euros for the Tirana - Durrës railway project and the......
5-star hotels, exempted from corporate tax for two more years - Proposal in the Assembly, Klosi: We have brought 22 brands to the country. Major investments
Five-star resorts, with special status, that are holders of a registered and internationally recognized trademark "brand name", will be exempted from......
The world's only floating nuclear power plant - Akademik Lomonosov generates 1 billion kWh before being refueled
The Akademik Lomonosov, a floating nuclear power plant operating since May 2020 in Russia's Arctic region of Chukotka, has generated 1 billion kilowatt-hours......
