Fortum, a leading energy company, is investing in a new hydrogen test facility next to the Loviisa nuclear power plant in Finland. The pilot plant, valued at 17 million euros and funded entirely by Fortum’s research and development funds, will test two different hydrogen production technologies. 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 a first step for Fortum to explore the business opportunities surrounding hydrogen. Led by Sipola, who heads up Fortum’s P2X business, the facility 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.
The pilot plant will also include a filling station to distribute hydrogen to industrial customers. Fortum plans to use the facility for about two years to collect data and experiences that will inform future investments and strategic decisions regarding hydrogen production. The company’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 the 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 the evolving market landscape and technological advancements in the hydrogen industry.
Overall, this pilot project represents an important step forward for Fortum as it explores new ways of generating clean energy through hydrogen technology.
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