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.
LEAD DEVELOPER

CLIC Innovation Oy, Gasgrid Finland Oy

PROJECT PARTNERS

MAIN POLITICAL SPONSORS

European Commission and local and national authorities

MAIN LOCATION

Finland

OTHER LOCATIONS

Yes

Project details

H2 PRODUCTION VOLUME

[T/year]:

150000

INVESTMENT VOLUME

[M€]:

3,950.00
FUNDING
VALUE CHAIN COVERAGE

PRIMARY ENERGY SOURCING

H2 PRODUCTION

    H2 STORAGE

    • Cylinder - Compressed H2
    • Cylinder - Ammonia

    H2 TRANSPORT

    • Pipeline
    • Trucking
    • Ship

    H2 DISTRIBUTION FOR MOBILITY

      END USES

      MOBILITY

      • 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:

      Project concept developed

      2014

      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

      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.
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