Belgium proposes European import hub strategy
Prime minister unveils revision that aims for port expansion and pipeline network to Germany in mid-2020s
Belgian prime minister Alexander De Croo has proposed a revision to his country’s hydrogen strategy that would focus on expanding port capacity for hydrogen and its carriers and the development of pipeline networks within Europe. The original strategy was launched in 2021 with a focus on positioning Belgium as an import and transit hub for hydrogen. The new strategy increases the nation’s target for imports to 20TWh in 2030 and 350TWh in 2050—due to higher anticipated EU-wide and domestic demand than foreseen in 2021. The revised strategy anticipates the total domestic demand for both hydrogen and its derivatives to reach 125–200 TWh/yr in Belgium by 2050. The EU increased its import targets
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges