Finland as a frontrunner in green hydrogen
November 2023

Finland as a frontrunner in green hydrogen

Finland is a leader in supporting the energy transition and renewable energy. The national objective is to become carbon neutral by 2035, creating economic growth and an increased carbon handprint through clean solutions in the process. As a central raw material, energy carrier and storage, hydrogen is a key to establishing the envisioned renewables-based economy successfully.

To be on the front foot in the hydrogen market and simultaneously achieve the ambitious carbon neutrality and sustainable growth targets, the Finnish public and private sectors are actively seeking to establish a viable hydrogen-based energy system. The aim is to spearhead sustainable hydrogen development on a European and global level. In express figures, the target is set at an impressive 10% of total European clean hydrogen production and at least a corresponding share of its use. While the sights are set high, the North Ostrobothnia region along the Bay of Bothnia has – as just one wind power hot-spot of many ‒ indicated the potential to alone meet the national hydrogen production target.

With its innovative and dynamic business environment, cutting-edge research and know-how, as well as a stable political and economic landscape, Finland is well-placed to achieve this goal. The emerging clean hydrogen industry is strongly facilitated by active across-the-board collaboration of stakeholders and opportunities arising from the rapid development of wind power onshore and increasingly also offshore.