An underwater pipeline to carry green hydrogen between Spain and France will cost about 2.5 billion euros ($2.6 billion), Spanish Prime Minister Pedro Sanchez said on Friday, adding he hoped the European Union would partly fund the project.
The pipeline between Barcelona and Marseille will have a capacity of 2 million tonnes a year and be ready by the end of the decade, Sanchez said at a summit of Mediterranean European Union leaders in the southeastern Spanish port city of Alicante.
"Hydrogen is a game changer for Europe," von der Leyen said. "We want to make hydrogen a central part of our energy system in the transition to climate neutrality." An additional pipeline connecting Spain and Portugal will cost 350 million euros, according to a document provided by Spain. The new underwater pipeline was originally proposed to carry some natural gas as well, but will now only carry hydrogen in order to meet EU funding criteria, Costa said.
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