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TGS Baltic Advises Environmental Investment Center on EUR 49 Million Hydrogen Deployment Measure

TGS Baltic Advises Environmental Investment Center on EUR 49 Million Hydrogen Deployment Measure

Estonia
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TGS Baltic has advised the Environmental Investment Center on developing a new support framework for the deployment of green hydrogen in the transport and industrial sectors in Estonia.

The purpose of EIC’s green hydrogen call for proposals is to test the introduction of green hydrogen in Estonian conditions from production to final consumption, the firm announced. The project included various financial advisors, state authorities, and the Ministry of Finance.

According to TGS Baltic, "the Ministry of Economic Affairs and Communications and EIC focused on solutions that make it possible to use the increasingly produced renewable energy to implement the green transition. Hydrogen from renewable energy creates a good basis for the first hydrogen projects to be launched in Estonia. The support created will be given to the creation of an integrated chain for the production and consumption of green hydrogen, leading to the use of hydrogen as a fuel in the transport sector or to the use of feedstocks produced from green hydrogen in the chemical industry."

"Green hydrogen support is a very big step as hydrogen subsidies are still a new phenomenon and there is no previous implementation practice in the European Commission guidelines (CEEAG)," Associate Partner Triinu Jarviste commented. "We can be proud that Estonia is a pioneer in this field and that we have set standards and examples to be used in Estonia and other member states in the future."

The TGS Baltic team included Jarviste, Partner Triin Kaurov, and Senior Associate Mari Anne Rohtla.