Energiequelle has received planning consent for its Oulu Green Hydrogen Park project in Finland. This development marks the company’s first public hydrogen project in the country. The project is set to be built in the city of Oulu, located approximately 600 kilometres north of Helsinki. The first phase of the project involves the construction of a hydrogen production plant with a maximum production capacity of five megawatts, alongside a hydrogen refuelling station designed for buses and heavy commercial vehicles. This initial phase will establish the core infrastructure needed to support local hydrogen demand in the transport sector.

In the second phase of development, Energiequelle plans to expand the hydrogen production capacity to between 10 and 50 megawatts. If the necessary infrastructure, such as pipelines and export facilities, becomes available, the company may begin hydrogen exports through a planned hydrogen pipeline and via the Port of Oulu. Export activities would allow the project to serve not only local demand but also broader regional and international markets.

Karl Schultheis, Head of New Business Development at Energiequelle Finland, stated, “If the right market conditions are met, we expect the first phase to be ready by 2028. However, this is a major industrial project and investment, so the planning reservation we have now received is only one of the first steps towards making concrete investment decisions. In projects of this size, planning and studies are always carried out carefully. Finland’s national hydrogen strategy has set a target of producing 10% of all green hydrogen in the whole European Union, and Germany’s national hydrogen strategy has outlined a national demand for hydrogen and hydrogen derivatives of 95-130 TWh by 2030, of which around 50-70% (45-90 TWh) will have to be imported. Finland and Germany are perfect energy partners.”