Hydrogen & Ammonia

Overview

The hydrogen and ammonia sector shows exceptional growth momentum with major industrial-scale projects concentrated along the west coast and northern Norway. Recent developments include significant project expansions like Fuella AS scaling up to 560 MW and multiple new concession approvals, indicating strong investor confidence and regulatory support for green hydrogen production.

Grid Considerations

Projects require substantial grid infrastructure with most needing 132 kV or 420 kV connections due to high power consumption (100-560 MW typical). Coastal locations favor export-oriented facilities while grid capacity constraints may limit development in some regions.

Regulatory Environment

NVE is actively processing hydrogen/ammonia concessions with recent approvals showing regulatory support for the sector. Projects must demonstrate grid capacity availability and typically require new transformer stations and transmission lines for industrial-scale facilities.

Outlook

Extremely positive outlook driven by Norway's abundant renewable energy, strategic coastal locations for export, and strong policy support for green hydrogen. The concentration of large-scale projects positions Norway as a potential European hydrogen supply hub, though grid infrastructure development will be critical for sector growth.

Market Trends

Key Players