The Baltic Sea Hydrogen Valley Transboundary Project was approved by the European Union (EU) under the Horizon Europe program.
This included providing support and funding to the Free Port of Riga for the implementation of research activities aimed at creating a transboundary hydrogen valley in the Baltic Sea region.
The project aims to unite multinational partners from Germany, Sweden, France, Norway, Finland, Estonia, Lithuania, Latvia, and other European nations to establish the region’s first and largest transboundary hydrogen valley. It will accelerate Europe’s transition to the production and use of renewable energy by creating a circular hydrogen economy.
The key difficulties, according to the developers, are to promote environmental preservation, energy security, and independence across all of Europe, as well as to boost the economy, build infrastructure, and put new ideas into practice. The project will take 60 months to complete and will cost more than USD 34 million in total.
For the goals of ship refueling, transportation, hydrogen storage, redistribution, transfer, and distribution within these stages, the Freeport of Riga took on responsibility for delivering essential research on the use of hydrogen technology in the maritime industry.