Innovation Norway, Business Finland and Business Sweden together are calling to the Nordic innovative ecosystem to join this webinar on June 11th, 2024, to discover the findings and insights from green hydrogen market and the opportunities in Portugal.
Through the National Hydrogen Strategy (EN-H2) and the 2030 National Energy and Climate Plan (PNEC 2030), the Government of Portugal has set ambitious targets to position the country as a leading green hydrogen hotspot in Europe, leveraging its strategic location with an extensive coastline and an already strong foundation in the use of renewable energy sources for electricity.
Portugal's National Hydrogen Strategy envisions significant economic commitment, with an investment of €7 billion by 2030 aimed at bolstering hydrogen production projects.
Echoing this trajectory, Environment Minister Mr. João Pedro Matos Fernandes announced that 70 private investors intend to invest €10 billion to establish Portugal as a leading producer and exporter of green hydrogen in Europe.
The strategy not only targets an energy sector stability through public and private investments but also aims to significantly increase the independence of the Portuguese energy sector by replacing imported fossil fuels with nationally produced green energy sources.
In this webinar, experts from Portugal hydrogen scene will present on the Portuguese hydrogen market, including trends and business opportunities for Nordic companies.
Event highlights
- Insights into Portugal’s Transition: Learn how Portugal is integrating hydrogen as a key vector for decarbonization and the national goal of achieving 80% renewable energy consumption in the electricity sector by 2030
- Green Hydrogen Applications through Key Projects: Discover the potential uses of green hydrogen in transportation sectors, including heavy road, maritime, rail, and possibly aviation, as well as its role in the replacement of natural gas in the industrial sector
- Strategy and Development: Get detailed information on the green hydrogen value chain identified in Portugal, the criteria for project selection, and investment opportunities
- Capacity Targets for 2030: Discuss how Portugal aims to implement large-scale green hydrogen production, with goals such as achieving a 1GW capacity in Sines, installing 2 to 2.5GW of electrolyser capacity, and establishing 50 to 100 hydrogen refueling stations
