H2EU+Store brings together RAG Austria AG, Eco-Optima and key TSOs to produce RFNBO-compliant hydrogen in Western Ukraine, ship it through Ukraine, Slovakia and Austria, and store it in underground reservoirs, targeting a €500 million Phase 1 approval by 2028 and initial flows by 2029.
The H2EU+Store partnership, spearheaded by RAG Austria AG and Eco-Optima LLC, is on a mission to produce green hydrogen in Western Ukraine and get it flowing through existing gas pipelines into Central Europe, all while storing it underground. Sounds ambitious, right? But that’s the goal—efficiently tackling energy demands while contributing to a cleaner future.
This consortium features national transmission operators, storage specialists, and energy developers from Austria, Germany, Slovakia, and Ukraine. They’re aiming for a green light on a first phase that’ll cost around half a billion euros by 2028, with plans to have an initial hydrogen blend up and running…
