Oulu, with Finland’s second busiest airport and largest general port in the Bothnian Bay is a junction for sea, railroad, and road traffic. It is the most important commercial, logistic, and cultural hub of Arctic Europe and the gateway to Arctic Europe regions. The availability of skilled workforce, status as a high-tech hotspot, excellent connectivity and increasing population provide an excellent platform for new investments.
Now, great investment possibilities in the Port of Oulu area are arising. A new industrial site, Oulu Port Green Transition Industrial Area, from 40 ha up to 200 ha is under development providing opportunities for sustainable, green transition industry such as hydrogen economy.
The city of Oulu is currently looking for potential investors to be located in the new Oulu Port Green Transition Industrial Area.
Key benefits of the area
Location of the industrial site at the Port of Oulu provides excellent connectivity, efficient transportation options, and access to cutting-edge digital solutions. Nuottasaari, which is in close proximity of Oulu port green transition industrial site, hosts several industrial players, providing good opportunities for synergies. Key entities in the area include Stora Enso’s Oulu factories where large amounts of biogenic CO2 is produced.
Oulu Port green transition industrial site leverages the possibilities brought by clean energy. In Oulu there’s already existing low-emission energy system and infrastructure, high onshore wind production and even higher onshore and offshore wind potential, and emerging solar power. Plans to expand energy infrastructure to the new Oulu port green transition industrial site provide good possibilities for energy intensive investment. Extensive district heating network provides possibilities to utilize excess heat from industrial processes.
The Nordic Hydrogen Route, an initiative to build up cross-border hydrogen infrastructure in Bothnian Bay region, will also provide excellent added value to the hydrogen economy investments in Oulu port green transition industrial site. The pipeline is planned to go through Oulu and will open up hydrogen market by 2030.