Finland could supply up to 70 TWh of green hydrogen to Central Europe

The Nordic countries have significant potential to produce green hydrogen and export it to Central Europe. Finland was identified as having particularly strong potential, according to a study by consultancy DNV commissioned by German gas transmission system operator GASCADE. The international news outlet Clean Energy Wire reported.

According to the study, exports of green hydrogen from Finland to Central European countries could reach up to 70 TWh per year by 2050. That is equivalent to around 2.1 million tonnes of green hydrogen. The price of green hydrogen supplied from Finland could be low, the study says, thanks to the high share of renewable electricity in the country's power mix.

However, according to transmission system operator GASCADE, making use of this potential will depend on Finland's energy strategy. Relatively high investment costs for both onshore and offshore transport infrastructure could also be an obstacle; GASCADE estimates these could reach up to 12 billion euros.

Germany will be a major importer

The international news outlet Clean Energy Wire noted that Germany is counting heavily on green hydrogen as a key element in decarbonising its energy sector and industry.

According to a recent outlook published by Germany's National Hydrogen Council, demand for hydrogen in Germany could reach 94 to 125 TWh (2.8 to 3.8 million tonnes) in 2035 and then rise to as much as 620 to 1,288 TWh by 2045 (18.8 to 39 million tonnes).

Given its limited potential to produce green hydrogen, Germany will nevertheless rely heavily on imports of the fuel from other countries.