On Thursday, Eustream joined the international industry partnership on the production and supply of green hydrogen 'H2EU+Store', reported news portal Slovak Spectator. Hydrogen derived from solar and wind energy will be produced in Ukraine, transported via Eusteam's network to Austria and Germany, and stored for seasonal demand in central Europe in the future, the operator said on its website.
"Among other initiatives, we plan to dedicate one of the main lines of our transmission network to the transport of 100-percent hydrogen", said Rastislav Ňukovič, director-general of Eusteam, as cited on the website.
In order to accelerate and ramp up the production of green hydrogen for Europe, which is vital for a climate-neutral future energy supply, the international industry partnership consisting of Bayerngas GmbH, Bayernets GmbH, Eco-Optima LLC, Open Grid Europe GmbH and RAG Austria AGhas designed the H2EU+Store project. By signing the letter of intent (LoI), Eustream has now become another participant.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
