New project HYGCEL Hydrogen and Carbon Value Chains in Green Electrification received funding

We are happy to inform that HYGCEL, Hydrogen and Carbon Value Chains in Green Electrification consortium just received a positive funding decision from Business Finland.

The consortium consists of companies ABB, St1, Sumitomo, Gasgrid Finland, Fingrid and Vaasa ETT with their own projects. Companies UPM, Valmet, Gasum and Finnsementti are supporting public research and 5thInnovation, Ucont, Hexion, FennoSteel, Hannes Snellman and Bird & Bird attorneys are participating in kind. The public research project will be led by LUT University, together with Tampere University and University of Eastern Finland. The total budget of the HYGCEL-project is over 10 M€.

Climate change mitigation actions and the rapid technology development enable the transition from fossil fuels to green energy. The most significant driver of change will be the production of green electricity and hydrogen. This change is driven by regulation and the economy and requires changes in infrastructure. Implementing change also requires proactive action in a timely manner.

The public research in the Hydrogen and Carbon Value Chains in Green Electrification, HYGCEL-project, investigates this energy system change at the system level. The research aims to identify Finland’s competitive edges and provide practical instructions for building new infrastructure. The study has two objectives: a) to find out how this new infrastructure should be built in an optimal way, and b) which value chains will be best suited for Finland. Value chains are examined simultaneously from three different perspectives: 1) market and regulation, 2) techno-economy, and 3) sustainability and safety.

For more information about the project, contact:

Mari Tuomaala, LUT University, mari.tuomaala@lut.fi

or Pia Salokoski, CLIC Innovation, pia.salokoski@clicinnovation.fi