Russia Whiffs On Baltic Green Hydrogen Opportunity (Shocker!)
However, all things are not equal. Despite its vast renewable energy resources, Russia remained stuck on the fossil energy track up to and including construction of the new Nordstream II gas pipeline, aimed at cementing its domination of the EU gas supply.Nordstream II was weaponized
Well, that was then. Since President Biden took office in 2021, the US reaffirmed the NATO alliance, Putin launched his murderous rampage through Ukraine, somebody blew up Nordstream II, Trump is facing the strong possibility of criminal charges for his alleged role in the failed insurrection of January 6, and Russia has zero chance of participating in the sparkling green hydrogen-fueled EU economy of the future any time soon.
“The TSOs have initiated a project called Nordic-Baltic Hydrogen Corridor that will strengthen region’s energy security, reduce the dependency of imported fossil energy and play a prominent role in decarbonising societies and energy-intensive industries along the corridor,” explains Gasgrid Finland, in a“The project strongly supports EU hydrogen strategy and REPowerEU plan,” adds Gasgrid.
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