Gaia Energy and HyDeal Form Alliance for Large-Scale Green Hydrogen Export from...

Gaia Energy and HyDeal Form Alliance for Large-Scale Green Hydrogen Export from Africa to Europe

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MOROCCO – Moroccan green hydrogen firm, Gaia Energy, has formed a strategic partnership with HyDeal, leading to the creation of HyDeal Africa. The objective of this partnership is to enable the mass transportation and exportation of green hydrogen from Morocco and Mauritania to Europe, aiming to match fossil fuel cost competitiveness.

HyDeal Africa has set a target to import 1 million tons of green hydrogen by 2030, and to quintuple this quantity by 2035. The green hydrogen will be sourced from future energy projects led by Gaia Energy in Mauritania and Morocco. The strategy includes the involvement of several strategic partners and is set to include a feasibility study to plan, develop, and construct an underwater pipeline from the coasts of Mauritania and Morocco to Spain. The pipeline is expected to serve a variety of buyers across Europe and to leverage the potential of the H2Med pipeline project. The H2Med project is due for completion in 2030 and is planned to provide a connection from Spain to France and Germany.

Gaia Energy and HyDeal have begun discussions with relevant European institutions, Mediterranean governments, key industry stakeholders, and international financial institutions. The first phase of the pipeline’s feasibility study is expected to be presented at the 28th Conference of the Parties (COP 28) in Abu Dhabi in November 2023.

HyDeal Africa is the first industrial venture of the HyDeal ambition platform outside Europe. The platform was recognized by the International Renewable Energy Agency (IRENA) in 2022 as the world’s largest green hydrogen initiative. The collaboration between Gaia Energy and HyDeal aligns with the European Union’s goal of importing 10 million tons of green hydrogen by 2030, a critical part of the RepowerEU program.