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First CEE Hydrogen Forum takes place to map cooperation in hydrogen valley projects

The CEE Hydrogen Forum was organised for the first time by MOL-PE Circular Economy Science Park as a side event of the 2nd Budapest Hydrogen Summit. The event brought together key players of the hydrogen economy from eleven countries in Central Europe to explore the potential for regional cooperation.

Regional cooperation is essential to develop the supply and demand side of the hydrogen market, exploiting the economies of scale and synergies in cross-border business links.

Cooperation will also ensure that actors interested in the development of the hydrogen economy can minimise the risks arising from market immaturity and make the most cost-effective investment decisions.

The meeting focused on national strategies and especially Hydrogen Valley initiatives for the production, transport, storage and use of green hydrogen and their cross-border elements.

At the meeting in Budapest – held on the side-lines of the 2nd Budapest Hydrogen Summit – companies, playing a key role in the implementation of national strategies (and Hydrogen Valley projects) had the opportunity to present their projects, which they are working on with the help of regional partners.

The meeting aimed to boost the development of cross-border hydrogen valleys and ensure that investment decisions on the necessary infrastructure are taken as soon as possible.

The Regional Dialogue will help the participating countries to better lobby for EU funds to develop the hydrogen economy and to better promote their interests in the planning of the EU hydrogen backbone.

The participating companies and stakeholders included Hungary’s Ministry of Energy, Slovakia’s Eustream, Croatia’s Plinacro, Hungary’s FGSZ, Hungarian oil and gas company MOL, Italy’s Polimi, Greece’s DEFSA, Slovenia’s ECUBES, Poland’s ARP, Austria’s Verbund, Hytep from the Czech Republic, Bulgaria’s BGH2A, Romania’s Petrom and Transgaz, Slovenia’s Plinovodi, the University of Pannonia, Hungary’s MVM Group and Slovakian Slovnaft.

By strengthening cooperation, Central European countries will be able to contribute better to the success of the European green transition, including the EU hydrogen and sector integration strategy, and to reducing dependence on fossil imports.

The region’s hydrogen strategy is the aggregate of national hydrogen strategies, therefore it is necessary to optimize supply and demand not at the national but at the regional level. Similar to the gas sector, cross-border collaborations – also supported by the EU – have economic, supply security and sustainability reasons. The participants agreed to continue the initiative.

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