The effects of the war between Russia and Ukraine are changing the way the market for the most valuable resources is managed, especially in Europe. After all, with Russia as the main exporter of products such as gas, its influence over other nations has kept it in a privileged position for decades.
However, this could change soon. Far from being manipulated by Russia and its energy monopoly, several European countries are aiming to create alternatives that help Europe regain stability. One of the nations most focused on this is Germany.
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From the outset, the foundations are barely laid, but the project could bring impressive results; a corridor that crosses the Baltic and Nordic seas to connect Latvia, Estonia, Finland, Lithuania, Poland and Germany with a new source of energy: hydrogen.
EU REPOWER PLAN 2023
After the start of the war between Ukraine and Russia, Europe had to start taking measures to avoid one crisis after another. As these two nations are suppliers of raw materials and essential products, the proposals did not take long to make themselves heard in the European Parliament.
With a view to addressing the energy crisis and framed within the RePowerUE 2030 Plan, the ambitious project hopes to be able to generate up to 10 million tons of hydrogen as a stable source of energy, ultimately replacing gas from Russia.
The signatory companies within the project are:
- OTHERS, from Germany.
- GAZ-SYSTEM, from Poland.
- Amber Grid, from Lithuania.
- Conexus Baltic Grid, from Latvia.
- Elering, from Estonia.
- Gasgrid Finland, from Finland.
THE ECOLOGICAL BENEFIT
The infrastructure is expected to begin in Finland in 2023, and extend through the Baltic Sea nations and Poland, before ending in Germany. Thanks to this project, the European Union could not only begin to consolidate a safe and stable source of energy youporno. But, in addition, it will be able to progressively get rid of the use of fossil resources and direct European energy on a more ecological path.
Let us remember, after all, that replacing the gas with hydrogen would have a major impact on the environment: we are talking about a considerable and very significant reduction in greenhouse gases. It is proposed that this energy could be used in all areas, from transport to domestic heating.
THERE IS STILL WORK TO BE DONE
One of the biggest challenges for this corridor, in addition to providing enough to supply 6 nations, will be finding a space in the market that is strong enough to displace Russian gas.
Furthermore, the project is still in preliminary development and does not have a clearly defined roadmap. It is estimated that in the next year 2023 the partners that will be part of the project will begin to carry out feasibility studies.
However, there is no doubt that, if it comes to fruition, it could mean a new opportunity for other corridors that connect longer stretches, such as North Africa and Southern Europe.