The EU Hails Plan to Build a Hydrogen Pipeline from North

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
194
The EU Hails Plan to Build a Hydrogen Pipeline from North Africa to Europe

The European Union (EU) is backing a plan to build a hydrogen pipeline from North Africa to nations in the EU. The subsea pipeline would transport green hydrogen from Tunisia and Algeria to Germany, Italy, and Austria by the end of the decade, but many experts are apprehensive about the plan’s feasibility.

Ministers from Tunisia, Algeria, Italy, Austria, and Germany recently had a meeting in Rome to confirm their home countries’ intentions to build a 2,174 to 2,485 kilometers pipeline beneath the Mediterranean Sea. The plan is to connect hydrogen production facilities in Tunisia and Algeria with consumer hubs in Germany, Austria, and Sicily by reusing a large chunk of the gas infrastructure that already exists along the Southern Hydrogen Corridor.

However, an analysis of Tunisia and Algeria’s green hydrogen plans has revealed that both nations aren’t in a position to export any meaningful amounts of the fuel once the subsea pipeline becomes operational in 2030. Experts say North Africa still has a lot of challenges to overcome before it can become a major green hydrogen exporter, especially by the end of the decade.

Some have questioned whether the subsea pipeline from North Africa to the EU should even be constructed in the first place. The production facilities intended to supply green hydrogen to the EU still haven’t been constructed, and both Tunisia and Algeria estimate that full-scale hydrogen production is at least 10 years away.

Additionally, the two North African nations currently have zero green hydrogen output, meaning they’ll have to start from scratch and begin producing millions of tons of green hydrogen in just half a decade. Hydrogen exists at the fringes of the renewable energy industry and hasn’t received as much investment as solar or wind, especially in emerging markets like Tunisia and Algeria.

Aside from Toyota’s efforts to develop a hydrogen car, there has been little mainstream interest in hydrogen and its potential to aid the green transition. As such, the EU-North Africa deal has the potential to be one of the globe’s largest investments in green hydrogen as well as one of the European Union’s most important green energy projects if it is successful.

According to the consortium of firms tasked with constructing the pipeline, the SoutH2 Corridor will be crucial to developing a diversified and interconnected ‘hydrogen backbone’. German State Secretary for the Ministry for Economic Affairs and Climate Action Philipp Zimmermann said Germany could tap into North Africa’s vast potential for green energy to ramp-up green hydrogen adoption and support the European Union’s climate targets.

However, Potsdam Institute for Climate Impact Research scientist Adrian Odenweller says neither Algeria nor Tunisia will be exporting green hydrogen in the near future. The researcher said he doesn’t expect to see any green hydrogen imports through the Southern Hydrogen Corridor by the end of the decade. Green hydrogen production is often fraught with delays and has a pretty bad track record, Odenweller said, even more so for expansive infrastructure projects such as subsea pipelines.

The energy transition is happening on several fronts, with electric vehicles from firms like Mullen Automotive Inc. (NASDAQ: MULN) providing one front while other fronts involve green energy like hydrogen energy, nuclear energy and other renewable forms of energy. Over time, these different solutions will trigger a mass adoption of clean energy.

NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN

Please see full terms of use and disclaimers on the GreenEnergyStocks website applicable to all content provided by GES, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer

Mullen Automotive Inc. (MULN) Stock Research Links

MULN Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Voter Events by Valley Community Healthcare Aim to Empower

Updated Category News Views 5

Here's a game-changer for the community. Valley Community Healthcare (VCH) is stepping up, proving that healthcare doesn't just stick to check-ups and prescriptions. It's about the whole shebang—community empowerment included. This October, VCH is hosting two incredible voter events, collaborating with the Los Angeles County Registrar-Recorder's Mobile Voting Program....

Continue Reading
AEVEX Facing Class Action Deadline Amid Stock Turmoil

Updated Category News Views 7

Investors are no strangers to the rough and tumble of stock markets, but things get downright messy when trust is shattered. That's the sorry saga unfolding with AEVEX, where shareholders are feeling the heat after a sharp nosedive in stock value. The clock is ticking to join the class action, and any AEVEX investor worth their salt should pay attention. Unraveling...

Continue Reading
LG OLED evo W6: UAE Roadshow Starts with a Bang

Updated Category News Views 5

They've done it again, folks. LG Electronics is out there kicking up a storm with their all-new OLED evo W6 True Wireless Wallpaper TV, and they're bringing the action straight to the UAE's doorsteps. Imagine taking a stroll and stumbling upon this technological marvel at some fancy spot like The Lotus Lounge at Anantara The Palm Dubai Resort. This ain't just a TV, it's a...

Continue Reading
Masimo's smartSET™ Revolutionizes Patient Monitoring

Updated Category News Views 5

Breaking Ground in Patient Monitoring Let's dive into the gritty details behind Masimo's latest FDA-nod: the smartSET™ system. This gizmo ain't your ordinary pulse oximeter; it's a next-gen hand-holder for the medical world, poised to ride the AI wave straight into the clinic. They've cracked open a new way for clinicians to peek behind the curtain of patient vitals,...

Continue Reading
Weifang's Cultural Resurgence: A Global Epigraphy Fest

Updated Category News Views 6

A Historical Meltdown into Global Recognition Welcome to the ride where ancient stones talk and cultural borders vanish. We're diving into the beating heart of Weifang, a place you're probably hearing about now because the town's hosting a packed international media tour. And, for a change, this isn't just another tourist trap; it's a cultural adrenaline shot to the arm,...

Continue Reading
Innventure Faces Major Lawsuit Over Misleading Investors

Updated Category News Views 7

Missteps at Innventure: A Costly Lesson in Investor Trust The stock market is no stranger to drama, but Innventure's saga feels like a page ripped right out of a thriller novel. You’ve got accusations, alleged fabrications, and a swift drop in stock prices that’s left some investors shaking their heads. The company, nestled under the ticker NASDAQ:INV, finds itself...

Continue Reading
Hyliion Class Action Deadline Nears for Investors

Updated Category News Views 6

Potential Shockwaves for Hyliion Investors Investors are having a showdown with Hyliion (NYSE:HYLN) these days. With the looming October 27, 2026, deadline to jump into a securities class action, it seems Hyliion's latest escapade smells worse than a fish market on a hot day. We’ve got allegations here stronger than your uncle’s morning coffee. Understanding the Legal...

Continue Reading

Top 5 Most Recently Viewed Articles

Semtech Prepares for Q3 Earnings Release: Analyst Insights

Updated Category News Views 162

Semtech Corporation's Upcoming Q3 Earnings Announcement Semtech Corporation (NASDAQ: SMTX) is gearing up to share its earnings for the third quarter shortly after the market closes. Investors are keenly awaiting the results, as analysts have reported exciting projections. Expected Earnings Growth This quarter, analysts predict Semtech will report earnings of approximately...

Continue Reading
BioXcel Therapeutics' Latest Updates on BXCL501 Trials

Updated Category News Views 147

Updates from BioXcel Therapeutics on BXCL501 Trials BioXcel Therapeutics, Inc. (Nasdaq: BTAI) is making impressive progress in its clinical programs focused on treatments for agitation, particularly with their investigational product BXCL501. This biopharmaceutical firm uses innovative artificial intelligence in neuroscience and has recently shared updates that underscore...

Continue Reading
California Health Plans Introduce Innovative Payment Model

Updated Category News Views 688

Collaboration Among California Health Plans for Primary Care In an exciting development in healthcare innovation, prominent California health plans have joined forces to implement a transformative payment model focused on enhancing primary care services. This unprecedented collaboration includes notable players like Aetna, Blue Shield of California, and Health Net, all...

Continue Reading
Discover Petomg's Stylish and Ethical Cat Furniture Collection

Updated Category News Views 200

Introducing Petomg: Sustainable Cat Furniture for Modern Homes OMG International Trading Co., Limited has launched an innovative line of cat furniture branded as Petomg, inspired by the experience of rescuing a stray cat named Clover. This response to a domestic safety concern leads to a reinvention of pet furnishings, steering away from traditional particleboard options,...

Continue Reading
Unveiling Nationwide 2-Day Delivery with Shipium and ClearJet

Updated Category News Views 32

Partnership Highlights Nationwide 2-Day Delivery Shipium is excited to announce its partnership with ClearJet, a forward-thinking logistics powerhouse. This collaboration aims to revolutionize logistics solutions across the shipping landscape, allowing businesses to streamline their operations effortlessly. With Shipium's innovative shipping optimization platform and...

Continue Reading