Posts Tagged ‘Finland’
Hydrogen information package from Gasgrid
Gasgrid Finland has published its first hydrogen information package. It aims to meet the market’s information needs on the development of the Finnish hydrogen network and the principles of access and operation. The information package contains, among other things, Gasgrid’s current view on the development of the market, the principles of grid access and the market model for hydrogen pipeline transmission. It also facilitates the collection of feedback from market participants on market needs for network operation and market rules and supports market dialogue from the early stages of market formation.
As we are creating a whole new infrastructure, ecosystem and industry, and a lot is happening in the industry at the same time, Gasgrid considers an active market dialogue and participatory process to be very valuable. Through the Hydrogen Information Packages, Gasgrid can share information with market participants on the development of the Finnish hydrogen network and the wider European market,” says Sara Kärki, Director of Hydrogen Development at Gasgrid.
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Originally published on 5 Sep
Read MoreTrading on the Baltic and Finnish gas markets to move to the European Energy Exchange platform
Starting from 9 September 2025, trading on the Baltic and Finnish gas markets will shift from the GET Baltic platform to the European Energy Exchange (EEX).
The change will enable Estonian market participants to strengthen their connection with the Baltic and Finnish markets and gain access to European markets, including the possibility to trade with Contract for Difference (CfD) between these markets. For consumers, this means that gas prices in Estonia will follow European price trends more closely. With the help of CfD, gas sellers will be able to better hedge their risks, which should reduce sales margins.
“As a result of successful cooperation between the gas exchanges EEX and GET Baltic, as well as between Elering and other Baltic/Finnish transmission system operators, we will continue offering implicit capacity allocation, which ensures greater liquidity and better price convergence between the Finnish-Baltic gas market areas,” said Airi Noor, Head of Market Development at Elering.
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Originally published on 8 Sep
Read MoreInsta launches Insta DomainLink Secret™ to empower tactical decision-making and improve situational awareness across military branches and systems
Insta has launched Insta DomainLink Secret™, a high-performance cross-domain solution (CDS) for secure, real-time data exchange between different networks and systems. Modern technological solution enables real-time, secure bi-directional data transfer between military domains, such as land, maritime, and air, and security clearance between different classification levels across the chain of command.
Developed in collaboration with Lockheed Martin for the exchange of data in complex military network environments, its advanced operational security and cybersecurity capabilities help safeguard data against threats. The system also enables improved situational awareness and faster tactical decision-making across military domains.
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Originally published on 8 Sep
Read MoreMetsä360 Award showcases new biorefinery solutions
This year marks the sixth time the Metsä360 Award has been presented. The prize is given in recognition of an innovation, solution, or action that increases the added value of forests.
“New bio-based, sustainable solutions can open up new markets for Finland and improve the country’s economic growth. The importance of innovations is highlighted especially in the achievement of sustainability and climate targets,” says Esko Kolli, spokesperson for the Marjatta and Eino Kolli Foundation.
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Originally published on 5 Sep
Read MoreairBaltic to launch five direct scheduled flights weekly between Oulu and Riga
The Latvian airline airBaltic will begin direct scheduled flights between Riga and Oulu – the European Capital of Culture 2026 – in March 2026. The return flights will operate five days a week (Mondays, Tuesdays, Thursdays, Fridays and Saturdays) starting from 29 March until the end of October 2026.
Yrjötapio Kivisaari, CEO of Oulun Matkailu Oy, welcomes the new connection.
– We have been discussing the opening of this route in different settings for a long time. Now we finally have good news! airBaltic’s new connection strengthens the international accessibility of Oulu and the whole of Northern Finland at exactly the right time, bringing visitors to enjoy the cultural year’s offerings. Our clear goal is to establish the connection also for the coming years, Kivisaari says.
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Originally published on 2 Sep
Read MoreFinland holds steady on attracting foreign investment
While foreign direct investment flows across Europe dropped in 2024, Finland held its line in attracting international companies. Sustainability took center stage, with investments driving cleaner solutions for energy, manufacturing and recycling. AI and imaging were in the mix too.
According to Invest in Finland’s monitoring service, foreign companies established or acquired 231 new entities in Finland during 2024 – a decrease of just 6% from the previous year. Over the same period, foreign-owned companies already operating in Finland made 130 follow-up investments.
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Originally published on 14 Apr
Read MoreEnergiequelle plans a green hydrogen park in Oulu
The European renewable energy group Energiequelle has reserved a site for a new hydrogen project to produce hydrogen in Oulu, northern Finland. When all three stages of project are fully completed, the plant could produce hydrogen by electrolysis with a capacity of over 500 megawatt (MW). The hydrogen plant would be commissioned in three phases between 2028 and 2033.
The first phase of the project would involve the construction of a hydrogen production plant of maximum 5 MW and a hydrogen refuelling station for buses and other heavy-duty vehicles. In the next phase, the capacity of the hydrogen production plant would be increased to 10-50 MW and hydrogen exports via the planned hydrogen pipeline and the port of Oulu could be an option, if the needed infrastructure is available. In the third phase, production would be further increased to an additional capacity of 100-500 MW. The schedule and full size of the project is highly depending on the market situation and the infrastructure available in the selected new greenfield site.
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Originally published on 10 Apr
Read MoreABO Energy explores hydrogen and synthetic fuel production in Oulu
The German ABO Energy group has been granted a planning reservation to build a hydrogen production plant in Oulu in northern Finland. In the preliminary plan, the new hydrogen plant would have an electrolyser with a maximum capacity of 600 MW. Implementation would take place in 2-3 phases.
In addition to hydrogen production, the company is exploring the possibility of producing methanol and sustainable aviation fuel (E-SAF) in Oulu. The feasibility of synthetic fuel production depends on the availability of biogenic carbon dioxide. ABO Energy would offer the waste heat generated for use as district heating in the Oulu region.
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Originally published on 9 Apr
Read MoreThree new hydrogen plants planned for Oulu
The City of Oulu has been preparing to reserve land for three new hydrogen production and processing plants. The City’s aim is to actively promote green transition investments in its area. Advancing the planning of three new hydrogen plants will support the growth of hydrogen economy and the development of Oulu’s local hydrogen infrastructure.
The planning reservations for the Pyyryväinen site will be discussed by the City of Oulu Urban Environment Committee at its meeting on 8 April 2025. The site is a virtually undeveloped, large-scale industrial area of up to 800 hectares less than 10 kilometres from the centre of Oulu, next to the Välikylä industrial district. The area required by businesses ranges from 15 hectares to 41 hectares.
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Originally published on 3 Apr
Read MoreAMPlify – Accelerated US Market Entry for Finnish Healthcare Companies
AMPlify is an established platform designed to advance Finnish healthcare companies’ US market readiness and entry. Expanding upon the successful Nordic AMPlify and Gazelle programs, AMPlify is a complete ecosystem that brings Finnish companies and Mayo Clinic together.
With the US accounting for 40% of the global healthcare market and over 30% of new technologies emerging from collaborations with international partners, American health systems are evolving their innovation hubs into global co-development initiatives. AMPlify is leading this transition, and Mayo Clinic has picked Finland as a strategy focus area.
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Originally published on 2 Apr
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