Wärtsilä will cooperate in green hydrogen project

• 3 years ago (2021-01-18)
• David Flin

Europe 1068 Renewables 757

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Wärtsilä Finland, the energy companies Vaasan Sähkö and EPV Energia , and the city of Vaasa, Finland, have signed a letter of intent to cooperate in a project to utilise green hydrogen in power generation, industry, and transportation applications. The project will be based in Vaasa.

The goal is for the four parties jointly to build a Power-to-X-to-Power system in Vaasa. The system will use renewable energy to produce hydrogen to be stored and reprocessed, which will then be utilised in energy production and other applications. Energy production will take place in an engine power plant developed by Wärtsilä.

Niko Paaso, Director at EPV Energia, said: “EPV has already invested significantly in wind power and will continue to do so in the future. When wind power production exceeds demand, we need to store the electricity for later use at a convenient time. Hydrogen is an excellent storage solution for renewable electricity in the future.”

The venture parties said that they aim to follow up on funding possibilities and to reach the final agreement for starting the project during 2021.