Greece targets role in 192 billion euro European hydrogen market

Greece is positioned at a critical juncture in the European hydrogen market, which faces an estimated investment requirement of approximately 192 billion euros across 244 projects. According to the ENTSOG Ten-Year Network Development Plan 2026, Greece has 10 hydrogen projects identified, though only one has been integrated into a national development plan.

The hydrogen market is transitioning from planning to a more difficult phase focused on securing customers, financing, and networks. While the pipeline appears large, the market remains immature; across Europe, only 14 projects have reached a final investment decision.

In Greece, infrastructure plans include pipelines, electrolyzers, and storage facilities spanning from Western Macedonia to Crete. Notable domestic developments include Motor Oil’s 50 MW electrolysis unit in Corinth and new production plans in Western Macedonia aimed at supporting the transition from lignite to green hydrogen.