Nordic Market Investigations
Lead Participant:
ITM POWER (TRADING) LIMITED
Abstract
The Nordic Power market has a variety of electricity generation assets/mixes in the different countries
and already overall high renewable content and a high level of electricity consumption. However,
networks and grids will need considerable upgrade and expansion for new generation capacity to be
installed in many locations. This entails a variety of market opportunities for electrolysers including large-
scale conversion of surplus renewable power to hydrogen for industrial use and for transportation. ITM
Power will undertake an investigation into the export potential for the Nordic Region.
and already overall high renewable content and a high level of electricity consumption. However,
networks and grids will need considerable upgrade and expansion for new generation capacity to be
installed in many locations. This entails a variety of market opportunities for electrolysers including large-
scale conversion of surplus renewable power to hydrogen for industrial use and for transportation. ITM
Power will undertake an investigation into the export potential for the Nordic Region.
Lead Participant | Project Cost | Grant Offer |
|---|---|---|
| ITM POWER (TRADING) LIMITED | £28,790 | £ 17,274 |
People |
ORCID iD |
| Rachel Smith (Project Manager) |