The German ABO Energy group has received a planning reservation to construct a hydrogen production facility in Oulu, Finland, with a focus on green energy initiatives. The proposed plant would feature a 600 MW electrolyser and is planned to be implemented in multiple phases, with the first phase aimed to be operational between 2034-2036. Apart from hydrogen, the company is also evaluating the viability of producing methanol and sustainable aviation fuel, dependent on the availability of biogenic carbon dioxide. ABO Energy intends to utilize the waste heat generated for district heating, contributing to the local energy infrastructure. Notably, Finland's low-cost renewable electricity and potential for large-scale production make it an attractive investment destination. Oulu, known for renewable electricity generation, is evolving into a prominent location for hydrogen-related projects. Besides ABO Energy, various other companies have initiated hydrogen production ventures in the region, leveraging resources like the international port, carbon dioxide sources, and the TEN-T transport network. Gasgrid Finland's plans for a hydrogen transport system to link Oulu's production with other regions and countries further solidify Oulu's position in the hydrogen sector. The University of Oulu's hydrogen research center offers expertise and skilled workforce, supplementing the city's appeal to investors. It is essential to note that while the land reservation signifies progress, the final investment decision is pending, underscoring the preliminary nature of the current development.