BAKU, Azerbaijan, May 15
By Leman Zeynalova – Trend:
Greek green hydrogen project, known as White Dragon, which will be connected with the Trans Adriatic Pipeline (TAP), has been submitted for the status of Important Projects of Common European Interest (IPCEI), Trend reports citing TAP AG consortium.
The Trans Adriatic Pipeline (TAP) consortium, DEPA, Advent Technologies, Damco Energy (Copelouzos Group), the PPC, the DESFA, Hellenic Petroleum, Motor Oil, Corinth Pipeworks and Terna Energy have applied to the Greek government and the EU for getting this status for the White Dragon project.
The White Dragon leans on solar energy for the production of hydrogen. The project involving photovoltaic facilities with an overall capacity of 1.5 GW is estimated to be worth EUR 2.5 billion.
The system is planned to be installed in Western Macedonia, currently Greece’s lignite heartland. The country intends to abandon the use of coal by 2025.
While the White Dragon is based on green hydrogen technology, which means the fuel is produced from water by using electricity from renewable sources, it also envisages the connection with natural gas pipelines. The project is intended for district heating, export via the Trans Adriatic Pipeline (TAP) and for fueling buses and trucks.
The entire investment could be expanded to as much as EUR 4 billion, depending on the size of the solar power plants that would be installed.
TAP will be able to transport 1 billion cubic meters of hydrogen per year.
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