thyssenkrupp nucera and Neste Reserve 120 MW Electrolyser Capacity for Porvoo Refinery

Key highlights
  • The agreement reserves six 20 MW scalum\u00ae modules for green hydrogen production.
  • Investment decision readiness is expected by 2024.
  • Neste explores using thermal energy for district heating with Porvoon Energia.
  • thyssenkrupp nucera has secured over 3 GW of electrolysis capacity globally.
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Neste Porvoo 120 MW Renewable Hydrogen Electrolyser Project · Finland
Cancelled
2021
2023-05
2024-10-24

Agreement Details

thyssenkrupp nucera and Neste have signed an agreement to reserve production capacities for a 120 MW water electrolyser at Neste’s Porvoo refinery in Finland. The agreement includes six 20 MW scalum® modules, enabling Neste to produce green hydrogen at the refinery.

Project Goals

The project aims to transform Neste’s Porvoo refinery into the most sustainable refinery in Europe by 2030. The green hydrogen produced will replace hydrogen derived from fossil raw materials in the refinery’s processes. Investment decision readiness is expected by 2024.

Thermal Energy Utilization

Neste is also exploring the use of thermal energy generated during green hydrogen production for district heating. A preliminary study has been initiated with Porvoon Energia, a regional energy company focused on heat and power generation and distribution.

European Value Chain

The hydrogen projects at the Porvoo refinery are expected to be an integral part of the European value chain for green hydrogen production and use. Neste has chosen thyssenkrupp nucera’s alkaline water electrolysis technology to significantly reduce the refinery’s carbon footprint.

Global Electrolysis Capacity

thyssenkrupp nucera has secured over 3 gigawatts of electrolysis capacity globally, with projects including a 2 GW plant for Air Products in Saudi Arabia and a 700 MW plant for H2 Green Steel in Sweden. The company’s technology is recognized for its reliability and efficiency in large-scale applications.

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