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portugal-and-the-netherlands-sign-green-hydrogen-agreement
portugal-and-the-netherlands-sign-green-hydrogen-agreement

Portugal and the Netherlands sign green hydrogen agreement

Portugal and the Netherlands have announced plans to connect their 2030 hydrogen plans and develop a strategic export-import value chain, to ensure production and transportation of green hydrogen from Portugal to the Netherlands and its hinterland.

Yesterday, the Minister of Environment and Climate Action of the Portuguese Republic and the Minister of Economic Affairs and Climate Policy of the Netherlands signed a Memorandum of Understanding (MoU) to affirm the intentions.

The strengthened cooperation aims to contribute to the EU climate goals, by combining competitiveness and sustainability, with political commitment on creating an international hydrogen market with market rules that make hydrogen export a reality.

Both Portugal and the Netherlands recognise the growing importance that renewable gases, in particular green hydrogen, will play in decarbonising Europe, therefore, plan to promote and encourage institutional cooperation to help develop supply chains for the export of green hydrogen.

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