Neste is developing a 120 MW electrolyser project at its Porvoo refinery in Finland.
The company is proceeding with the basic engineering phase of the project which is intended to produce green hydrogen. If an investment decision is made, green hydrogen production could begin in 2026.
Markku Korvenranta, Executive Vice President of Neste’s Oil Products, said, “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. The green hydrogen would be primarily used in our Porvoo refinery’s processes, where it would replace hydrogen produced from fossil feedstocks.”
Renewable heat is also generated as a by-product of the green hydrogen production process. In coordination with the 120 MW green hydrogen project, Energia, a regional heat and energy supplier, and Neste have undertaken a preliminary study on the use of this renewable heat in district heating.
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