News / This is how hydrogen economy is changing Finland

This is how hydrogen economy is changing Finland

Hydrogen economy is now the topic of the day. It will change society in many ways and support the achievement of climate goals. Here are five facts that will give you an idea of what the practical reality of this change is all about.

Pioneering hydrogen economy

Gasgrid Finland Oy has been mandated by the Finnish government to develop the national hydrogen pipeline system, to engage in cross-border cooperation concerning the infrastructure and to support the development of a hydrogen market in the Baltic Sea region. According to a policy ruling made by the government in 2023, Finland aims to become a pioneer in hydrogen economy and produce 10 percent of the clean hydrogen generated in the EU area.

Diverse source of employment

Hydrogen economy will create new industrial opportunities in Finland and will in future employ up to 200,000 people in a wide range of industries. Finland’s national hydrogen pipeline system will comprise more than 1,000 kilometres of onshore gas pipeline. The system will additionally include offshore pipelines for international hydrogen transmission connections.

Transitioning to clean energy

The leap to hydrogen economy is a key component of the green transition and phasing out fossil fuels. In addition to its direct use as fuel, hydrogen offers a basis for substituting petrol and diesel in e-fuels, for instance, and a source of raw materials for industrial use.

World-class infrastructure already in place

Hydrogen economy will improve Finland’s energy independence and security of supply. The preconditions are excellent: Finland can offer an outstanding electricity & energy system and significant, financially competitive renewable electricity potential, which enables the most competitive clean hydrogen production capability in Europe. The hydrogen infrastructure makes it possible to connect production and consumption points, which – in addition to the expansion of the market – creates an element of flexibility in the hydrogen market, for example, on the user side.

New talents

Gasgrid aims at having an operational hydrogen market and infrastructure in place in Finland in the first half of the 2030s. The permit procedures linked with the hydrogen pipeline system are launched this year. Successful hydrogen economy requires major investments in production plants as well as in the training of new talents.

HYDROGEN PIPELINE SYSTEM is the infrastructure that enables efficient transfer, storing and distribution of hydrogen to various users, such as industry, traffic and energy production.

HYDROGEN INFRASTRUCTURE refers to all the structures, systems and technologies that enable the production, transfer, storage and use of hydrogen in various sectors. It is a necessary component of developing hydrogen economy and the future energy system.

 

Read more:

Hydrogen infrastructure will create local well-being for decades – Gasgrid Finland

Gasgrid – Enabler of future energy solutions – Gasgrid Finland

Gasgrid is a multi-gas company of the future providing energy transmission system solutions to promote clean transition and an energy-efficient society. We strengthen Finland’s economic growth, security of supply, and energy independence, and support the balancing power required for emission-free electricity production. Through our international infrastructure projects, we are preparing to meet the demand for clean gas energy in Europe as well. Gasgrid Group’s business operations consist of gas operations, LNG terminal operations, hydrogen development, and project execution. More information: gasgrid.fi/en

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