Energiequelle, the European renewable energy group, has unveiled plans for a significant hydrogen project in Oulu, northern Finland. The project aims to establish a green hydrogen park with a total capacity exceeding 500 MW by 2033. The venture will be implemented in three phases, with the first involving a 5 MW hydrogen production plant and a refueling station for heavy-duty vehicles. Subsequent phases could see an expansion to 100-500 MW production capacity, including potential hydrogen exports via a pipeline and the port of Oulu. The success of the project relies on various factors such as market conditions, infrastructure readiness, and investor interest. Oulu's advantageous position as a major renewable energy producer in Finland, coupled with its existing hydrogen-related activities, including plans by Gasgrid Finland for a hydrogen transport infrastructure, enhances the feasibility of Energiequelle's initiative. Additionally, the region's strong focus on hydrogen research at the University of Oulu provides valuable expertise and human resources for companies venturing into the hydrogen sector. While the land reservation marks a crucial initial step, the final investment decision is pending, underscoring the project's complexity and the need for meticulous planning and evaluation.