Amber Grid signs EUR 204,000 contract with EY Baltic for Nordic-Baltic hydrogen corridor analysis

• Amber Grid signed a EUR 204,000 contract with Ernst & Young Baltic for economic and financial analysis of Lithuania’s NBHC section.
• Scope covers required investment, revenue model, project budget, financial plan, cost-benefit analysis for Lithuania’s economy and hydrogen market.
• Work runs for six months from signing; analysis partly funded under the EU Connecting Europe Facility.
• NBHC plan includes about 350 km of main pipeline in Lithuania, plus a branch of more than 200 km from the northwest.
• Findings will feed a joint commercial study for the wider corridor planned across six countries, targeting up to 2.7 million tonnes annually by 2040.

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