German renewable energy company Energiequelle GmbH is moving forward with plans to build a large-scale green hydrogen production facility in Oulu, northern Finland. The Oulu Green Hydrogen Park will be developed in three phases between 2028 and 2033. The first phase will establish a 5-MW hydrogen production plant and a refueling station for buses and heavy-duty vehicles. In the second phase, production capacity will increase to between 10 MW and 50 MW, with the potential to export hydrogen through a proposed pipeline and Oulu’s port. If infrastructure and market conditions align, the final phase could see production expand further to between 100 MW and 500 MW.
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More on the Energiequelle Finland Hydrogen project
Finland has been positioning itself as a leader in green hydrogen, and Oulu has set aside space for three hydrogen production facilities, including Energiequelle’s project. Together, these plants could reach a combined capacity of 1,500 MW, reinforcing Oulu’s role as a key hub for hydrogen development. Finland’s energy landscape is particularly favorable for hydrogen production, as 95% of its electricity already comes from emissions-free sources. The country’s national hydrogen strategy targets producing 10% of the EU’s green hydrogen, making it a strategic energy partner for Germany, which expects to import up to 90 TWh of hydrogen by 2030.
Project Overview
Developer: Energiequelle GmbH (Germany)
Location: Oulu, Northern Finland (approximately 600 km north of Helsinki)
Project Type: Green hydrogen production and refueling infrastructure
Total Planned Capacity: Up to 500 MW
Phased Development:
1 (by 2028): 5-MW hydrogen production plant and hydrogen refueling station for buses and heavy-duty vehicles.
2: Expansion to 10–50 MW, with potential hydrogen exports via a planned pipeline and Oulu’s port.
3: Further scale-up to 100–500 MW, depending on market conditions and infrastructure readiness.
Construction Timeline: 2028–2033 (subject to market conditions and infrastructure availability)
To support large-scale hydrogen production and exports, Finland’s state-owned Gasgrid Finland is working on major infrastructure projects to integrate Finnish hydrogen production with the wider European market. EU-backed initiatives such as the Nordic-Baltic Hydrogen Corridor and the Baltic Sea Hydrogen Collector aim to create a strong cross-border hydrogen network. Energiequelle, which has experience in hydrogen projects like HY.City.Bremerhaven in Germany, sees Oulu as a prime location to expand its hydrogen operations. If the necessary investments and infrastructure come together, this project could play a vital role in Europe’s clean energy transition.
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