Portugal and the Netherlands are committed in the MoU to take another step forward in their commitment to contribute to the growth of green hydrogen in Europe, i.e. from renewable sources, and to confirm their intention to build a strategic export-import value chain to ensure the production and transport of green hydrogen from Portugal to the Netherlands and its hinterland.
The Minister for Environment and Climate Action of the Portuguese Republic and the Minister for Economic Affairs and Climate Policy of the Netherlands have signed a Memorandum of Understanding (MOU) confirming their intention to connect Portugal’s and the Netherlands’ 2030 hydrogen plans and to establish a strategic export-import value chain to ensure the production and transport of green hydrogen from Portugal.
Strengthened collaboration seeks to contribute to the EU’s climate objectives by balancing competition and efficiency with a political commitment to create an international hydrogen market with market rules that make the export of hydrogen a reality.
Portugal and the Netherlands acknowledge the rising role that renewable gases, in particular green hydrogen, can play in the decarbonization of Europe.
Both countries will also foster and encourage mutual collaboration to help build supply chains for the export of green hydrogen. A first step will be taken by joining efforts to create an IPCEI for hydrogen, for which projects concerning the export of green hydrogen have considerable potential, including cooperation on the Sines anchor project and activities in the Port of Rotterdam.