Energiequelle's Expansion into Finland: Oulu Green Hydrogen Park Project
Key Ideas
- Energiequelle Finland, a German energy company, is working on its first hydrogen project in Finland, the Oulu Green Hydrogen Park, with plans for a hydrogen production plant and refueling station.
- The project's phases involve capacity expansion up to 100-500 MW, potential hydrogen exports, and collaboration with Oulu's strategy to develop hydrogen infrastructure.
- Finland's national hydrogen strategy aims to produce 10% of all green hydrogen in the EU, aligning with Germany's high demand for hydrogen, making the two countries ideal energy partners.
- Gasgrid Finland is planning a hydrogen transport infrastructure to connect Finland and Europe, with EU financial support for hydrogen projects in the Baltic Sea region fostering investment conditions for clean energy.
Energiequelle Finland, a subsidiary of the German energy company Energiquelle, has obtained planning consent for its Oulu Green Hydrogen Park project in Finland's city of Oulu. The project's first phase includes the construction of a hydrogen production plant with a 5 MW capacity and a refueling station for buses and heavy commercial vehicles. The company plans to increase the plant's capacity in subsequent phases, with the potential for hydrogen exports and collaboration with Oulu's strategy of clustering hydrogen production sites to develop infrastructure.
Nils Borstelmann, Managing Director of Energiequelle Finland, highlighted the benefits of Finland's renewable energy potential and cost-effective electricity, emphasizing the importance of affordable and clean energy for hydrogen production. Additionally, Finland's national hydrogen strategy aims to contribute significantly to green hydrogen production in the EU, aligning with Germany's high demand for hydrogen and positioning the two countries as energy partners.
Gasgrid Finland is also taking steps to establish a hydrogen transport infrastructure connecting Finland and Europe, with EU financial support granted for hydrogen projects in the Baltic Sea region. Projects like the Nordic-Baltic Hydrogen Corridor, Nordic Hydrogen Route, and Baltic Sea Hydrogen Collector aim to create favorable investment conditions for clean energy and hydrogen infrastructure in the region, promoting collaboration and sustainable energy solutions.