Financing

Supporting the development of hydrogen technologies in the Balkans.

- opportunities -

Implementation

Promoting the use of green hydrogen for energy independence networks.
- integration -

Targeting

Application in all necessary processes in the public and private energy sector.
- solutions -

Innovation

Development of innovations and technologies in the field of Green Energy.
- programs -

H2 – a key factor for DECARBONIZATION

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Green hydrogen is gaining increasing interest from a political and business point of view, due to its future potential, which would contribute to the creation of an autonomous circular economy.

The construction of the necessary infrastructure for RES will increase the production of green hydrogen and the possibility to be delivered to different areas of consumption.

The diversification of renewable energy sources in Europe ensures energy security, through solidarity and cooperation between EU countries, which would lead to:

  • Economic Growth
  • Investments and markets
  • Providing new jobs
  • Technological transition

Climate change

Reduction of CO2 emissions.

Energy

Energy independence.

Agriculture

Natural organic production.

Manufacture

Eco industry.

Environment

Biodiversity.

Transport

Trans – European networks.

Regional Development

Landscaping.

Science

Research and development.

Sustainable mobility system and zero CO2 emissions

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Implementing green hydrogen use in the automotive and transport sectors will help address the problem of increasing CO2 emissions and air pollution.

The transport sector is a key factor in the EU’s Green Deal to turn Europe into a continent with zero net emissions.

Switching to hydrogen fuel cells and electric cars would digitalize the automotive sector, industry and the transport network.

Asset 1

TIMELINE

Objectives of the European Green Deal

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Балкански водороден клъстер
2024

Adoption of European climate legislation.

2025

Reduce the cost of green hydrogen production by 50%.

2030

Reduction of net greenhouse gas emissions by at least 55% by 2030 compared to 1990.

2050

Climate neutral European Union.

EFFICIENCY & SUSTAINABILITY

STRATEGY

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R E D U C E

Energy efficient technologies can mitigate the amount of carbon entering the atmosphere, while non-carbon sources and nuclear energy also have an impact.

R E U S E

Carbon capture through innovative technologies allows the creation of useful products or to be injected back into oil and gas tanks to increase productivity and efficiency.

R E C Y C L E

The transformation of CO₂ emissions and other greenhouse gases into new chemical elements in order to produce fertilizer, cement, methanol, biofuel or other synthetic energy.

R E M O V E

The removal of carbon from the atmosphere can be engineering or direct, depending on the technology. Also naturally, through carbon “sinks” such as mangrove forests.

BALKAN HYDROGEN CLUSTER

PARTNERS & MEMBERS

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