Economy

Green Hydrogen Pipeline: Germany's Latest Approach to Move Away from Russian Energy

Green Hydrogen Pipeline: Germany's Latest Approach to Move Away from Russian Energy

Germany and Norway are considering the construction of a hydrogen pipeline linking the two countries to reduce Europe's dependence on Russian energy supplies. The two countries announced late Wednesday, following a meeting between German Economy Minister Robert Habeck and Norwegian Prime Minister Jonas Gahr Støre, that they plan to conduct a feasibility study soon for the project that will ultimately transport green hydrogen from Norway to Germany.

A joint statement explained that during the coming months and years, it will be important to accelerate the development of alternative energy sources for Europe as a substitute for Russian gas and oil as well as to develop the necessary infrastructure for it, according to Bloomberg, which was reviewed by Al Arabiya Net.

Germany has been seeking to reform its energy supplies since Russia's invasion of Ukraine, as the largest economy in Europe relies on more than half of its gas, half of its coal, and about a third of its oil from Russia. German Chancellor Olaf Scholz has committed to enhancing the country's gas and coal storage facilities to reduce exposure to any potential supply disruptions. The government is also purchasing liquefied natural gas (LNG) and supporting efforts to build new LNG terminals, while pushing for a faster transition to renewable energy sources.

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