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LLC (SIA) “Eco Baltia vide” joins the Memorandum for the Development of Hydrogen Technologies

LLC (SIA) “Eco Baltia vide” joins the Memorandum for the Development of Hydrogen Technologies

The Baltic leading environmental management company LLC (SIA) “Eco Baltia vide”, which is part of the “Eco Baltia” group, has signed a memorandum for enhancement of cooperation in the field of development of hydrogen technologies in Latvia. Purpose of the memorandum is to promote a strong and unified development of hydrogen ecosystem and the relevant technologies, as well as to expedite implementation and capacity of hydrogen innovations, infrastructure, production and application in Latvia.

“Development of hydrogen technologies plays major role in the European Green Deal and achievement of climate neutrality goals. Necessity for the development of hydrogen technologies is further consolidated by the crisis of energy resource in Europe which has made everybody step up looking for and using alternative energy resources. As the Baltic leading environmental management company focusing on waste recycling instead of burying in landfill sites, we are already conducting research works on our part to be able to use the non-recyclable waste for gasification and later extracting also hydrogen to power our fleet. There is still a lot to do, but the memorandum marks specific steps to achieve faster and more purposeful development of these technologies in Latvia”, explains Mr Jānis Aizbalts, Chairman of the Board at the LLC (SIA) “Eco Baltia vide”.

Hydrogen is considered one of the possible global ways of decarbonisation with a huge growth potential.

Memorandum, signed along with the LLC (SIA) “Eco Baltia vide” also by more than 20 various organisations, provides for an establishment of consortium for hydrogen technology development. Purpose of the memorandum is to promote strong and unified development of hydrogen ecosystem and the relevant technologies, as well as to expedite implementation and capacity of hydrogen innovations, infrastructure, production and application in Latvia, providing an opportunity for the field of hydrogen to evolve according to the goals set by the European Union, thus both contributing to the national economy of Latvia and enhancing achievements of the climate goals.

Furthermore establishment of the Latvian Hydrogen Alliance is planned to unify players of the sector and the related parties in a single platform for information exchange, communication, project and cooperation development both nationally and internationally.  Besides, hydrogen roadmap of Latvia for the period until the middle of 2023 and hydrogen strategy for the period until the end of 2023 will be developed.

Memorandum on the development of hydrogen technologies will be signed at the forum “5G Techritory 2022” at the beginning of December.

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