Athens – Greece is laying the groundwork to become a major green hydrogen exporter, setting its sights on supplying Germany and its Central European neighbors. The ambitious plan aims to capitalize on Greece's significant renewable energy potential and strategic location, transforming the nation into a key player in the burgeoning European hydrogen market.
Germany, poised to become Europe's largest hydrogen importer, has earmarked €19 billion for a 9,040-kilometer hydrogen network slated for completion by 2032. Facing projected hydrogen needs of 130 terawatt-hours annually by 2030, with 100 TWh needing to be imported, Germany is increasingly looking towards Greece as a reliable source.
The Greek initiative also promises to decarbonize domestic heavy transport and industry while simultaneously addressing Germany's ambitious energy transition goals. Greek gas grid operator DESFA highlighted Germany's strong interest in the plan, emphasizing Greece's "capacity for low-cost green hydrogen production," prime geographical position for transit from the Middle East and North Africa, and overall geopolitical stability.
This strategic partnership could position Greece as a central hub in a hydrogen corridor spanning from the Eastern Mediterranean to the heart of Europe. While details of the plan are still emerging, the initiative represents a significant step towards a greener future for both Greece and the wider European continent. The move also underscores the growing importance of green hydrogen in the global shift towards sustainable energy solutions.