Industry experts in Finland stress the significance of investing in green hydrogen to drive the growth of renewable energy capacity in the country. According to the Confederation of Finnish Industries (EK), there are plans for EUR 20bn in hydrogen investments, primarily aimed at refining hydrogen into synthetic fuels. The chief policy adviser at EK, Janne Peljo, highlights that failure to implement these projects could lead to a slowdown in new power production capacity investments. The interdependency between wind power and green hydrogen is underlined, with challenges related to profitability and electricity pricing. Despite obstacles, Finnish companies like P2X Solutions, backed by Swiss utility Alpiq, are forging ahead with plans to establish industrial-scale green hydrogen plants. P2X Solutions is targeting 1 GW of hydrogen production capacity by 2031, with upcoming facilities in Harjavalta, Joensuu, and Oulu. Although some hydrogen projects in the Nordic region have faced setbacks, Finnish Energy remains optimistic about the country's attractiveness to hydrogen producers and energy-intensive industries, citing low power prices and a clean production mix.