- The 5-year program, led by ABB, aims to bring together more than 50 Finnish companies, research institutes and universities to boost the Finnish hydrogen economy.
- In the H2 Springboard program, ABB is leading the development and accelerated scaling of pioneering solutions for the hydrogen economy.
- Business Finland granted EUR 20 million in funding for the program. The R&D investments in the program of ABB and its ecosystem partners are estimated to exceed 150 million euros.
ABB is launching a unique R&D program in collaboration with Business Finland to develop competitive solutions for the Finnish hydrogen economy. Business Finland announced today it granted 20 million euros in funding for ABB Oy’s program in the challenge competition for leading companies. In addition, partners joining the program’s ecosystem can be funded with a total of 50 million euros.
In the H2 Springboard program, ABB is leading the development of pioneering solutions for the hydrogen economy and accelerated scaling. The program aims to foster close cooperation between more than 50 Finnish companies, research institutes and universities to accelerate a competitive hydrogen economy. The R&D investments of ABB and its ecosystem partners in the program are estimated to exceed 150 million euros.
– The global drive towards zero emissions has elevated hydrogen alongside electricity as a key energy source and a key component in the transition to sustainable, low-carbon applications, says Pekka Tiitinen, Managing Director of ABB Oy. The H2 Springboard program led by ABB, aims to connect the ecosystem partners’ industrial investment and pilot projects with modular and agile solution development and research. This can shorten the time to industrial deployment of innovations and accelerate the scaling of the hydrogen economy in Finland.
ABB's goal is to develop electrification and automation solutions for the operation and control of hydrogen plants and hydrogen-using facilities, as well as for connecting them to the electricity grid. In addition, subsystems and technologies are being developed that support electricity and hydrogen grid management and energy storage. Together with ecosystem partners, high-performance and efficient solutions are being created that cover the entire hydrogen value chain. These solutions can be applied in addition to hydrogen plants, for example to port electrification and energy management.
Hydrogen as an energy source contributes to enhancing grid flexibility, complementing solutions such as batteries and acting as an energy storage medium. This makes hydrogen essential for balancing supply and demand, particularly as more renewable energy sources like wind and solar are integrated.
Hydrogen is gaining momentum, driven by technological innovation and the urgent need for decarbonization. While challenges remain, particularly in cost and infrastructure development, continued advancement in automation, electrification, and digital solutions is accelerating adoption and building confidence for those investing in a cleaner future.
As the technology matures and scales, low-carbon hydrogen will play an increasingly vital role in achieving global climate goals, particularly in hard-to-abate sectors. Success requires collaboration across industry, supported by proven technology partners who can optimize the entire value chain from production to end use.
ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com
