Oulu, Finland to Host Finland's Largest Hydrogen Processing Plant
Key Ideas
  • The City of Oulu, Finland, and Verso Energy have signed a €1.4 billion agreement to build an 80,000-tonne e-SAF production plant, creating 250 jobs.
  • Verso Energy's plant will be the largest of its kind in Finland and contribute to making Oulu a key hydrogen hub in the Nordics.
  • The project will focus on producing emission-free aviation fuel, aligning with the EU's new regulations requiring a 2% blend of sustainable aviation fuel at major airports.
  • The co-operation agreement highlights Finland's attractiveness for e-SAF production and showcases successful collaboration between public and private sectors for sustainable industrial growth.
The City of Oulu in Finland has partnered with French company Verso Energy to build a hydrogen processing plant focusing on e-Sustainable Aviation Fuel (e-SAF). The plant, with an estimated value of €1.4 billion and a capacity of 80,000 tonnes per year, aims to position Oulu as a significant hydrogen hub in the Nordics. Verso Energy's CEO, Antoine Huard, praised Oulu's potential for emission-free aviation fuel production. The project, set in Oulu's port area, marks Verso Energy's first venture outside France. The collaboration is deemed crucial for job creation, industrial growth, and sustainability. The agreement is integral to advancing the Port of Oulu's industrial area toward green transition goals. Marko Kilpeläinen from the City of Oulu emphasized Finland's flexible zoning process, attracting green investments. The co-operation agreement extends until 2026, with a focus on implementation details. Mayor Ari Alatossava expressed gratitude for the smooth progress, emphasizing Oulu's role in the green transition. The project aligns with EU regulations mandating a 2% blend of sustainable aviation fuel at major airports, addressing the growing need for sustainable solutions in the aviation sector.
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