BalticSeaH2

The BalticSeaH2 project intends to implement a large-scale, interregional hydrogen valley across country borders in the Baltic Sea region, with a main valley between Finland and Estonia.

Link to website

LEAD DEVELOPER

CLIC Innovation Oy, Gasgrid Vetyverkot Oy

PROJECT PARTNERS

P2X Solutions Oy, Helen Oy, Green North Energy Oy

Gasgrid Vetyverkot Oy, Helen Oy, P2X Solutions Oy, ABB Oy

Helen Oy, Green North Energy, P2X Solutions Oy, Rigas Brivostas Parvalde, PowerUP Fuel Cells Ou, Borealis Polymers Oy, Neste Oyj

MAIN POLITICAL SPONSORS

European Commission and local and national authorities

MAIN LOCATION

Finland

OTHER LOCATIONS

Yes

Project details

H2 PRODUCTION VOLUME

[T/year]:

150,000

INVESTMENT VOLUME

[M€]:

3,950.00

FUNDING

VALUE CHAIN COVERAGE

PRIMARY ENERGY SOURCING

H2 PRODUCTION

Water electrolysis with ALK electrolyser

H2 STORAGE

Cylinder - Compressed H2
Cylinder - Methanol
Cylinder - Ammonia

H2 TRANSPORT

Pipeline
Trucking - Compressed H2
Ship - Ammonia

H2 DISTRIBUTION FOR MOBILITY

HRS 700 bar
HRS 350 bar

END USES

MOBILITY

Cars
Buses
Trucks
Ships

ENERGY

Stationary fuel cells for distributed generation

INDUSTRIAL FEEDSTOCK

Supply to chemical industry (e.g. fertilizer production)
Supply to refineries

Project timeline

CURRENT STATUS:

Under construction

2014

2022

Start of project development

N.A.

Project finalization

2035

KEY SUCCESS FACTORS

PROJECT DEVELOPMENT PHASE

Business model/business case development
Technological readiness/technological performance (e.g. availability, efficiency, duration/lifetime)
Political backing and buy-in

COMMERCIAL AND FINANCING PHASE

Securing private investors
Securing public financial support (subsidy/grant)
Building a financial model
Securing customer commitments to de-risk the financial model

Go back to Hydrogen Valleys Contact

N.A.: Not available. This is possible due to two reasons: a) the Hydrogen Valley chose to not publicly display the data or b) the Hydrogen Valley did not answer the specific question in the associated survey.