Produced by: Mohsin Shaikh
Representative pic
H2TC envisions a metaphorical “green tunnel” connecting the US Gulf Coast to Europe, shipping renewable hydrogen derivatives to decarbonize industries across continents.
The push for renewable hydrogen intensifies as H2TC plans to deliver 3 million metric tons annually by 2030, creating a vital transatlantic clean energy corridor.
Ammonia emerges as the preferred hydrogen carrier due to its energy density, cost efficiency, and compatibility with existing infrastructure, explains Nabil Bennouna of Climate Aligned Industries.
With over 20 industry leaders like Shell and Linde, H2TC tackles regulatory and technological hurdles, advancing the global hydrogen supply chain toward success.
Aligning US-EU trade laws and creating standardized market practices are central to H2TC’s vision of a seamless transatlantic clean hydrogen trade tunnel.
The US Inflation Reduction Act accelerates hydrogen production with tax credits up to $3 per kilogram, making the green hydrogen pipeline to Europe economically viable.
Existing pipelines, storage, and ports along the Gulf Coast form the backbone of the hydrogen tunnel, enabling cost-efficient, large-scale transportation to Europe.
Bryan Fisher of RMI highlights the H2TC project’s potential to secure energy and decarbonize economies, serving as a global model for renewable energy trade.
Credit: rmi.org
H2TC plans its first hydrogen shipment by 2026, marking the beginning of a transatlantic energy revolution and paving the way for decarbonizing global systems.