If an investment decision is made, green hydrogen production could start in 2026.
“Our project is one of the largest development projects to produce green hydrogen in the European refineries and it supports our goal to transform the Porvoo refinery to the most sustainable refinery in Europe by 2030,” said Markku Korvenranta, Executive Vice President in Neste’s Oil Products. “The green hydrogen would be primarily used in our Porvoo refinery’s processes, where it would replace hydrogen produced from fossil feedstocks.”
Production of green hydrogen also generates renewable heat. In connection with the 120 MW green hydrogen project, Neste has started a preliminary study with Porvoon Energia on the utilization of renewable heat in district heating. Porvoon Energia is a regional Finnish energy company focusing on heat and electricity production and distribution as well as development of the electricity network.