Neste Corporation, Gasgrid Finland, Helen Ltd and Vantaa Energy have in collaboration started preliminary studies on the development of an industrial hydrogen valley in the Uusimaa region, Finland.
This joint effort is a step forward in driving Finland towards a leading hydrogen economy in Europe that creates industrial investment opportunities and supports Finland’s and Europe’s carbon neutrality goals.
The industrial hydrogen valley would combine infrastructure, storage and transmission of renewable hydrogen, serving both producers and consumers of hydrogen.
Collaboration between companies plays a key role in the hydrogen economy development in Finland, as also highlighted in the national resolution of hydrogen adopted by the Finnish Government in February.
“Today Neste is the biggest hydrogen consumer in Finland. We need renewable hydrogen in order to reach our climate commitments, e.g. reaching carbon neutral production by 2035. Hydrogen is an essential part of our processes and an efficiently functioning hydrogen valley would be a great way to source hydrogen in the future. Building up both the power infrastructure as well as hydrogen storage and distribution infrastructure are key enablers for the hydrogen economy development. By being open to collaboration and seeking partnerships we discover new paths and unlock a world of interesting possibilities,” said Outi Ervasti, vice-president, Renewable Hydrogen at Neste.
In order for the Finnish hydrogen economy to be competitive in a global context, cost efficient solutions for hydrogen transmission and storage are needed.
The feasibility of different hydrogen transmission and storage options will be evaluated as the first steps towards developing a well-functioning hydrogen market. Hydrogen transmission infrastructure contributes to the emergence of a competitive hydrogen market.
Industrial hydrogen valley plan for Finland
