Fortum, an energy company, is investing in a new hydrogen test facility next to the Loviisa nuclear power plant in Finland. The pilot plant will test two different hydrogen production technologies and is valued at 17 million euros, funded entirely by Fortum’s research and development funds. Construction will begin in the Källa area in the summer, with the plant set to be operational by the end of 2025.
The pilot plant is being led by Sipola, who leads Fortum’s P2X business. Sipola describes the facility as an important step for Fortum to explore its business opportunities surrounding hydrogen. The pilot plant will house two electrolyzers, one using alkaline technology and the other using PEM technology, to produce clean hydrogen. By testing these mature technologies, Fortum aims to gather knowledge on production, operation, and maintenance.
In addition to producing hydrogen through electrolysis, the pilot plant will also include a filling station to distribute hydrogen to industrial customers. Fortum plans to utilize the facility for about two years to collect data and experiences that will inform future investments and strategic decisions regarding hydrogen production.
Fortum’s overall strategy is to research hydrogen technology in small-scale Nordic projects to assess market opportunities and potential roles in the hydrogen value chain. The investment in this pilot plant may prompt updates to Fortum’s hydrogen strategy post-2028 based on market dynamics and business opportunities.
The company is considering its position in the hydrogen value chain and whether it will focus on being a hydrogen producer or a partner in various stages of production. This strategic evaluation may occur earlier than 2028 depending on evolving market landscape and technological advancements in the industry.
Overall, this investment marks an exciting opportunity for Fortum as it begins its journey into exploring new ways of utilizing clean energy sources like hydrogen.
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