Report: Investments in transmission infrastructure enable the benefits of value chain investments
Fingrid and Gasgrid have published an energy system report that assesses the investments in electricity and hydrogen infrastructure required for an industrial hydrogen economy between 2027 and 2035. According to the report, Finland is well-positioned to become a leader in the European hydrogen economy if the energy system is developed in a timely and coordinated manner.
This report was prepared in response to a mandate issued by the Government during its mid-term review in the spring of 2025, which called for an assessment of the type of electricity and hydrogen infrastructure required to support the growth of the hydrogen economy in Finland. The aim of the report was to provide an overall picture of how Finland’s electricity and hydrogen systems should be developed in the long term to enable the growth of the hydrogen economy and to strengthen Finland’s position as a pioneer in the hydrogen economy.
Finland is exceptionally well-positioned to competitively produce clean electricity and hydrogen, as well as their further derivatives. However, the production potential of renewable energy, the growing industrial demand for clean energy and hydrogen, and the need for carbon-neutral solutions require systematic development of the energy system. The study examined various development paths for the hydrogen economy from the mid-2030s onwards, as well as the related infrastructure and investment needs in both the electricity and hydrogen networks.
“Developing the electricity system is a prerequisite for the hydrogen economy. Fingrid’s 5.2 billion euro investment plan aligns well with the growth prospects of the hydrogen economy over the next 10 years. Fingrid and Gasgrid will continue their close cooperation to develop a clean, secure, and competitive energy system. In addition, Finland needs a joint growth strategy and vision for the energy sector extending to 2050,” says Fingrid CEO Asta-Sihvonen Punkka.
“Investments in electricity and hydrogen infrastructure are essential for Finland to leverage the opportunities offered by the hydrogen economy for industrial competitiveness. Hydrogen can bring flexibility to an energy system based on renewable electricity, strengthen industrial jobs in further processing, and increase self-sufficiency in fuels and raw materials that are important to Finland. “Through these measures, we will ensure that Finland is able to fully capitalize on the growth opportunities offered by clean energy and the hydrogen economy,” says Olli Sipilä, CEO of Gasgrid.
Downloadable report: Gasgridin ja Fingridin energiajärjestelmäanalyysi - Loppuraportti maaliskuu 2026