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The letters OULU in pink in front of Tuira, each decorated in honour of the summer and the year of the Capital of Culture.

news

24.05.2024

The Regional Assembly of Oulu Region participates in the development of the Hydrogen Valley

The Regional Assembly of Oulu Region is involved in an extensive project submitted to the EU's Horizon Europe programme, the purpose of which is to develop the hydrogen economy on the west coast of Finland and create a functional ecosystem for it.

Energy production and consumption are undergoing a transition from combustion-based energy to zero-emission energy. The need for clean electricity is growing across Europe. A significant part of the renewable energy investments have been realised and are planned in the BotH2nia hydrogen valley area. In this way, energy-using industries can also be created and attracted to the region.

The BotH₂nia Hydrogen Valley project has a total budget of EUR 20 million and involves 65 stakeholders and an even larger number of other participants. Oulun Energia, Raahen Energia and SSAB are partners from Northern Ostrobothnia. The University of Oulu is responsible for the research and technology work package of the project.

The Regional Assembly of Oulu Region plays a key role in interregional cooperation. The The Regional Regional Assembly is responsible for creating a strategic cross-regional hydrogen economy roadmap to serve the development of the region and for anticipating and assessing the impact of the hydrogen economy in economic, social and environmental terms.

The project is a five-year project, and if it receives funding, the project will start in 2025.
A more detailed presentation of the BotH₂nia Hydrogen Valley project can be found at: here.

Further information:
Isomäki Ritva, Senior Specialist, tel. +358 40 685 4026, ritva.isomaki(at)pohjois-pohjanmaa.fi