P2X Solutions and Oulun Energia are exploring the possibility of building a green hydrogen production plant in Oulu.
The planned project would include an electrolysis plant with a capacity of up to 100 MW, a carbon capture plant, a hydrogen and carbon dioxide storage, and a further processing plant whose final product could be methane or methanol, for example. The heat energy created as a by-product would correspond to approximately 10–30 percent of Oulu’s district heating demand. In addition, the project investigates the possibility of utilizing the biogenic flue gases from local industry and power plants in the further processing of hydrogen.
The Oulu production plant is currently in the project development phase, where we examine the feasibility, location options and impacts of the plant. The investment decision is estimated to be made in 2025. The plant could be operational in 2028 at the earliest.