Cyprus is the ideal country in Europe to launch a country-wide hydrogen initiative that can serve as a pilot initiative for Europe and the world. Why Cyprus:
Lowest cost of green hydrogen production from solar in Europe given the high irradiation.
Current grid limitations enable the lower cost of production of hydrogen in grid isolated and mountainous areas (i.e. from lower cost of land, labor).
Our cost at the pump, expected at around €5.5 per kg, has a big room for adjustment with the European prices of €10 per kg.
Cyprus has one of the highest prices for gasoline products, thus making it easier for end users to adapt hydrogen.
Why Hydrogen Companies choose the New Hydrogen Hub Cyprus
By being at the New Hydrogen Hub hydrogen technology companies can help their business in other countries to adjust; for example to include the promotion of their solutions via the academic institute where they can also train more of their own personnel for other countries at the New Hydrogen Hub training center in Cyprus, to educate and train the workforce needed to run a hydrogen economy. Cyprus is the main English speaking country in the European Union. It is one of the easiest countries in the European Union for many foreign companies to start cooperating and interacting with other companies of similar interests.
Green Hydrogen to Decarbonize Shipping New Hydrogen Hub partners will welcome and review the best new and existing technologies from around the world which will be tested and supported by the Hub. These companies will be able to showcase their technologies to the rest of the world and seek partnerships.
© Copyright. All rights reserved.
