Snam explores market interest in hydrogen and CO2 transport and storage


Italian energy infrastructure company Snam has unveiled its plans to launch a market test on hydrogen demand in Italy in conjunction with a collection of non-binding expressions of interest for the transport and storage of carbon dioxide (CO2) within the framework of the recently announced carbon capture and storage (CCS) project in Ravenna.

Announced today (5th Feb), the company will launch the initiatives in collaboration with Confindustria – the General Confederation of Italian Industry – as part of an overarching goal to advance the development of hydrogen and CCS sectors in Italy.

The hydrogen market test is being undertaken to gather technical and economic data and information to delve into the current and prospective state of play on consumption and production of hydrogen, both as an energy vector and as a raw material. According to Snam, this information will also be used to assess the market’s alignment with national and European targets.

“With the launch of the dedicated hydrogen market test and the collection of expressions of interest for the Ravenna CCS project, we aim to confirm Snam’s key role in facilitating the achievement of Italy’s decarbonisation goals, taking into account the characteristics of its industrial fabric,” explained Piero Ercoli, Executive Direction of Decarbonisation at Snam.

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