OX2 will explore the possibility of developing new offshore hydrogen pipeline infrastructure connecting Finland, Sweden, Denmark and Germany.
The project, the Baltic Sea Hydrogen Collector (BHC), will be a large-scale, cross-border collection and transportation infrastructure for green hydrogen.
The company will work with Finnish and Swedish gas transmission system operators Gasgrid Finland and Nordion Energi and Copenhagen Infrastructure Partners.
The aim of the project is to create a hydrogen market and connect supply and demand in Bothnia Bay and the Baltic Sea Region and Central Europe.
The pipeline may also be connected to energy islands in the region, such as Gotland in Sweden and Bornholm in Denmark.
The goal of the project is to help achieve the REPower EU targets by 2030.