French-based Verso Energy has announced plans to build a new hydrogen and synthetic fuels production plant in Finland's Port of Oulu. The company aims to utilize the region's low electricity costs and business ecosystem, with a focus on using green hydrogen and capturing CO2. The decision to reserve land for the project aligns with Verso's strategy to expand its e-fuel production, with a 300MW green hydrogen project in France and concept plans for an e-fuel plant in Rouen. The Port of Oulu's strategic location, offering good transport connections, makes it an attractive site for this venture. Additionally, GasGrid Finland's hydrogen pipeline plans further enhance the region's potential for hydrogen-related projects. The article discusses the rise of hydrogen-based e-fuels in the transportation sector as demand for oil decreases, opening up opportunities for alternative, environmentally friendly solutions. E-fuels, produced through Fischer-Tropsch synthesis, are becoming a realistic option in the industry, backed by a growing market for alternative fuel-powered vehicles. This shift in the mobility market towards sustainable solutions highlights the importance of projects like Verso Energy's new plant in Oulu.