Luxembourg and Portugal have taken a significant step towards advancing their renewable energy goals by signing a declaration of cooperation.
The agreement focuses on the development of a renewable hydrogen corridor between the two countries, aiming to harness the potential of renewable energies and promote their sustainable use. The partnership holds promise for both nations, with Luxembourg bringing its expertise in cooperation mechanisms and Portugal offering its potential in renewable energy export.
Portugal, known for its abundant renewable energy resources, including solar and wind power, sees great potential in exporting renewable hydrogen and its derivatives. The country plans to embark on a large-scale electrolyser project to produce renewable hydrogen at the port of Sines. This ambitious initiative aligns with Portugal’s commitment to a greener and more sustainable energy future.
Luxembourg, on the other hand, seeks to leverage its experience in collaboration, particularly its partnership with Denmark in developing an artificial energy island in the North Sea. By engaging with Portugal, Luxembourg aims to contribute to the optimal exploitation of renewables at a reasonable cost. One of the concrete interests of Luxembourg is to participate in the establishment of a European corridor for the import of renewable hydrogen to the Benelux region.
The creation of a renewable hydrogen corridor between the seaports of Sines in Portugal and Rotterdam in the Netherlands is a key objective of the partnership. Luxembourg envisions the transportation of green hydrogen from Rotterdam to its territory via the port of Mertert. This corridor would facilitate the efficient distribution and utilization of renewable hydrogen, enabling both countries to tap into its vast potential as a clean energy source.
The significance of this collaboration goes beyond bilateral cooperation. Minister Claude Turmes, Luxembourg’s Minister of Energy, participated in the Lisbon Energy Summit, where representatives from several countries gathered to discuss strategies for reducing dependence on fossil fuels and accelerating the deployment of renewable energies. The presence of Portugal, the United States, the United Kingdom, Norway, Denmark, and Luxembourg highlights the global interest in transitioning to a sustainable energy system.
The goals of this declaration of cooperation extend beyond the individual interests of Luxembourg and Portugal. By establishing a renewable hydrogen corridor, these countries aim to contribute to the broader European agenda of decarbonization and energy transition. The import of renewable hydrogen to the Benelux region, facilitated by the corridor, could play a pivotal role in reducing carbon emissions and fostering a more sustainable energy ecosystem across Europe.
