Spain and Germany establish energy alliance to strengthen cooperation in pv and energy storage

According to a report by Efe on October 5, Spain and Germany formed an alliance on energy issues at a bilateral summit held in A Coruña on the 5th, working together to improve the connectivity of the Iberian Peninsula and the rest of Europe. And promote the new generation of energy such as green hydrogen energy.

According to the report, the summit was chaired by Spanish Prime Minister Pedro Sanchez and German Chancellor Olaf Scholz, and 15 ministers from both cabinets attended the summit, which once again highlighted the good diplomatic relations between the two countries and the continued strengthening of diplomatic relations between the two governments. relationship and willingness to work in different areas of cooperation.

On the energy issue, the two countries pledged to continue working together to strengthen Spain's connectivity with the rest of the European Union in order to strengthen its contribution to the security of supply on the continent, the report said.

In the action plan agreed on Wednesday, both countries support the need to push ahead with a hydrogen energy corridor, known as MidCat, linking Spain and France through the Pyrenees, in order to supply gas to the central European country.

In recent months, the construction of the MidCat has become one of Spain's main propositions to the EU in response to the energy instability Europe has suffered following Russia's invasion of Ukraine and soaring energy market prices.

A few weeks ago, Scholz expressed his "full" support for the Spanish proposal, which was also put forward by Portugal, the report said. But France rejected the proposal because it believed the existing interconnectedness between the two countries was sufficient and not being used to the fullest.

Spain and Germany argue that negotiations aimed at completing such connectivity must involve all affected parties, including the European Commission, and warn that having the infrastructure by 2025 is essential for achieving a "robust" energy market, accelerating energy Transformation, as well as increasing the autonomy of the EU27, is "very important".

Likewise, the two countries advocate enhanced bilateral cooperation in areas such as energy efficiency, renewable energy, energy storage, and green hydrogen, and explore opportunities to accelerate the expansion of the green hydrogen industry, improve infrastructure and supply chains, and establish commercial relationships.

Both countries called for a "future-proof design of the European electricity market," the report said.