Episode Transcript
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Speaker 1 (00:01):
Welcome to the nationally syndicated Energy Mix Radio Show, produced
by the Energy Network Media Group. The Energy Mix Radio
Show will give you an inside look at the energy
industry and how it affects you by talking with industry leaders, experts,
and government officials on the Energy Mix Radio Show.
Speaker 2 (00:16):
Thank you're listening to the Energy Mix Radio Show, the
show where innovation meets action in the world of clean energy.
I'm your host, Kimbalato, and today we are diving into
a story that's reshaping the global hydrogen economy. Imagine a
country smaller than Texas, with just five point five million people,
(00:39):
leading the charge to supply ten percent of Europe's clean
hydrogen by twenty thirty. Well, that country would be Finland,
and its Arctic test technology are now making big waves
right here in Texas as the US ramps up its
own multi billion dollar hydrogen initiatives, including the one point
(01:01):
two billion High Velocity Hydrogen Hub. Finland's bold strategies offer
a blueprint for transatlantic collaboration, and today we're joined by
a very special guest who is at the heart of
this movement, Ilka. Welcome to the Energy Mix Radio Show.
Speaker 3 (01:21):
Thank you very much, appreciate that, so.
Speaker 2 (01:24):
I want our listeners to know that we actually are
piping you in front Finland itself. So tell us a
little bit about what time is it, what's the weather
like in beautiful Finland?
Speaker 3 (01:36):
All right, thanks for asking. We are living sort of
a little bit more dark times here in Finland in
terms of weather because during the autumn time weather seems
to be getting darker and also a little bit more
rainy and cooler. There will be also real winter coming
(01:57):
sooner right after Christmas time. But happy to have four
seasons also in Finland. It's not very common in other
countries around the world.
Speaker 2 (02:06):
Yes, it's really not common here in Texas. Texas is
usually always hot. Even if we do have a few
months of some coldness, we typically don't get to the
degrees that you guys do. So tell us a little
bit about Fenlan hydrogen. How this became what it is today.
Speaker 3 (02:27):
Well, nice that you asked this, because it's sort of
a nice storyline as well. So let me start by
saying that the hydrogen is nothing new for us. So
we have been youthies utilizing hydrogen in the industry for decades,
so we have a tradition there.
Speaker 4 (02:45):
But now why.
Speaker 3 (02:46):
We are now sort of saying that we are saying
that we are most attractive hydrogen economy in the Europe.
So that comes from the fact that we see the
opportunity to live with the green future, meaning that we
will be producing green hydrogen with the big volumes and
(03:08):
we would be going to utilize that to decarbonize finished
industries and also to produce value added products out of that.
And why we think that the Finland is so attractive
in terms of this green transition is that we do
have our strengths. A few of them to mention is
(03:28):
that we have plenty of green ectlicity and there's plenty
of it coming online in the future. That that's number one,
and it's also very affordable, so we can be very
competitive on that one. Secondly, we do have a lot
of fresh water. Finland is very known to have a
thousand lakes and we can then by combining these two
(03:52):
we can produce through electoralizer the green hyd dozen in
big volumes. And maybe thirdly, we have a p of
biogenic COEO two which come from the traditional pop and
paper industry in Finland, and by adding these biogenic CEO
two we can sort of produce synthetic fuels with the
(04:17):
big volumes. So maybe those few points will explain while
you think that we have a good chance for growth here.
Speaker 2 (04:26):
Well, you're correct when you said that hydrogen is nothing
that is, you know, rand new, But it seems to me.
Can you give give me an example of so hydrogen
is being utilized in Finland and you're saying it's cost effective,
but in other countries such as the United States, certain hydrogen, yes,
(04:46):
but I think we're still very much in the newer
stages of developing different and more mainstream hydrogen. Can you
talk to me a little bit about like the differences
of why Finland is ahead of the rest of the
rest of especially like the United States, and how we're
still trying to find footing on how we utilize hydrogen
in a more massive production way.
Speaker 3 (05:10):
But one more thing I want to add before I
go to that one, and that is that finally is
describing the clean, clean future, meaning that we try to
decarbonize all the heavy industries by using batteries, by using
a green hydrogen. And we have committed to be carbon
(05:32):
neutral by twenty thirty five, so that that's coming very
soon and we have to work very hard and utilizing
every possible mean to achieve that. And now coming to
the US side, I think it's good to say that
we are not better than the others, but we have
(05:52):
selected the clean path for us to take forward, and
I think we do have some strongholds as explained, and
we do have developing technologies to really utilize this clean
path versus what we learned during our treat now in
Houston is that, Okay, it's a little bit different, different
(06:14):
route to the same target, meaning that the strength of
the Houston is and Texas overall and many other states
in US actually the natural gas and that gives strength
of the bluehearts and path. It's also decoganizing path, but
(06:35):
it's a different route, so there's a little bit difference
on approach.
Speaker 2 (06:40):
Well, now with the recent opening of the Finnish consulate
here in Houston, yes, you are our spear hitting efforts
to build strategic partnerships between Finnish innovators and US energy leaders.
So how are you utilizing clean hydrogen through your leadership
(07:02):
that you're coming from a place You're saying from ninety
five percent carbon neutral electricity to an ambitious production goal,
tell us and explain to us how you all are
going to help us unlock billions in bilateral trade and
accelerate America's clean energy future, because that's exciting, That is exciting.
Speaker 3 (07:21):
I think it's also fair to say that this is
one of the first trips we do on this matter,
and we were clearly on the sort of the study trip,
understanding the market realities. So we are here sort of
on the on the long journey. So we don't we
don't sort of expect big miracles happening next next few years, perhaps,
(07:45):
but this is a long journey. But I think we
failed during the trip that we perhaps brought some fresh
air into the discussions and the situation in the United
States and also Texas and Houston, and we can perhaps
learn from each other a great deal of things and
(08:08):
understanding that different markets have different strengths. So even though
I said that we are sort of looking towards the
Green Heardesent path, of course we are also interested to
look at the other paths because we are a small
country and we want to expose our technologies. Obviously, we
are looking after some great opportunities on this this this
(08:31):
path for US and and Houston has.
Speaker 2 (08:33):
Taken and I want to drill down on the technology
before we get into the lofty goals and what you
guys are trying to do. Can you can you briefly
tell us what is the technology that you guys have developed.
Speaker 3 (08:48):
Well, it's not a single technology, it's it's many and
when we talk about heartes and economy, it's a long
value chain approach and Finland is developing the whole value
chain approach. That means that you need to have the windmills,
you need to have a solar to produce the greenhydeds en.
(09:10):
Then you need to have the electrolyzer, which is this
sort of the core element of producing the greene hydrogen.
That's full of technologies that that's power electronics, that's chemistry, catalysers, etc.
So that's sort of the heart of the preinhardeded in production.
But then when we have the creenhydedgen, you start working
(09:32):
on different types of processes to produce, for instance, the
synthetic fuels or if you take the green hydrogen to
be utilized in green steel production, it's a whole different
sort of processes engaging there. So it's many, many different technologies.
Speaker 2 (09:53):
That's pretty interesting because it seems like it's the whole
approach that would actually start unlocking different keys to different
technologies as opposed to just anectual one technology. It's like
a massive solution, if you will. And I want to
drill down into that. I'm We're going to go to
break and when we return, I want to talk a
(10:15):
little bit about what's really specifically going on in Finland.
You're listening to the Energy Mix radio show. We'll be
right back.
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Speaker 2 (13:02):
And we're back. You're listening to the Energy Mix radio
show Elka. Before the break, you were talking a little
bit about technology, what you guys hope to accomplish here
in Houston. And we've had in the past administration a
lot of emphasis on hydrogen. The new administration, President Trump,
(13:22):
does see the benefit it is in there, but it
seems as though it's somewhat has changed its direction a
little bit. But we still have the high velocity hydrogen
hub here in Texas. And there's a few around the
United States. So there's still a desire to continue to
look at hydrogen as a fuel source here in the
(13:44):
United States. And so that brings me to can we
talk a little bit about give our listeners an opportunity
to understand what you guys are working on. So Finland's
hydrogen gold is very bold. You guys want to produce
ten percent for europe supply by twenty thirty. So what
(14:04):
inspired this level of ambition for such a small nation.
Speaker 3 (14:10):
Well, great that you asked this, because when we went
to Houston, we were given a nice name, small but
mighty Finland. So like that name, Yeah, that's pretty good,
Small but mighty. So that means that in the history
of Finland we have experienced that we can do great things,
(14:35):
especially with our technologies, we can make a great impact
outside of Finland. But in this case, when we say
that we can produce ten percent of the sort of
the green heyates and need it in Europe in the future,
we also believe that we will get a big, big
capacity in Finland to produce the green hydrates and produce
(14:59):
the derivatives, produce the value added products and then bring
that over to European use and we are serious about this.
So we have made estimates and we truly believe that
this can be achieved. Of course, there's many, many things
to be done. There's over sixty investment projects in different
(15:21):
stages in Finland, so everything have to sort of being
put to the place and get real. But as a
long term commitment and the big thinking, we believe that
this can be done.
Speaker 7 (15:35):
Well.
Speaker 2 (15:36):
You know, I think when we look at the numbers,
ninety five percent finalance electricity is already carbon it's a
carbon neutral source. My thing is, or my question is
how is the country balancing sustainability with energy security, because
that has been I think a lot of the United
(15:57):
States's discussion is can it balance itself and hold its own?
So how are you guys doing it with ninety five
percent of Finland's electricity coming from carbon neutral sources?
Speaker 3 (16:09):
Yeah, that's a great question, and I can honestly say
that it is forming a kind of a challenge also
because the whole energy system will be sort of more
fluctuating and it requires a lot of sort of optimization
and balancing features in the system and automation and that
(16:33):
sort of things. But you know what, Finland is very
very sort of compatent country in terms of sustainable and
systemic solutions also, and we believe that we have a
capability is to make our energy system such that it
can cope with the renewables and it can cope with
(16:54):
the sort of the fluctuation in the production and the
demand side. And let me tell you one more thing
which is also cool to understand, is that the hydrogen
itself is also acting as an energy carrier. So for instance,
if we have over capacity from wind energy, we can
(17:15):
produce hydrogen and store it in the pipeline system. And
when there's not enough wind and the system requires the energy,
we can sort of utilize the hydrogen produced earlier. So
there's a lot of a lot of these balancing features
built into the system.
Speaker 2 (17:33):
Excellent, excellent. Well, how does Finland's Arctic test hydrogen technology
adapt or has it been utilized in like our area,
like Gulf coast humidity climate.
Speaker 3 (17:49):
Well that's a great question as well. So the Arctic
artic obviously is different than a sort of hot environment,
but there are some sort of similar features when taking
things to the cold or taking things.
Speaker 4 (18:04):
To to the to the hot.
Speaker 3 (18:06):
So at these humidity factors and then sort of changing
changing weather situations.
Speaker 4 (18:11):
So not fully adaptable.
Speaker 3 (18:14):
But I think a lot of that can be adopted
from our experience to the hot the climates like Houston East.
Speaker 2 (18:23):
Well, and it's not just Houston, it's also when we
look at you know, the Gulf Coast has many different
ports and many different areas. And then when we look
at like Midland and the Permium Basin area, that's not
going to be coastal at all, but it's still going
to be hot, and that's you know, more dusty and hot.
(18:47):
And then when you look at the Gulf coast rather
it's the Houston Chip Channel, the Porter Corpus Christie, Louisiana,
You've got just got all these different areas with you know,
different temperatures and stuff. Are more with humidity and some
are just going to be dry a dry heat versus humidity.
So I'm assuming it's adaptable within reason of all these
(19:09):
different regions.
Speaker 3 (19:12):
Yeah, well, I can tell you that Finland is also
very famous of having experience of different types of sort
of process industries, different environments, and we have been delivering
the systems around the globe different climates, different conditions. So
(19:32):
I think we can manage different conditions pretty well.
Speaker 2 (19:37):
Yeah, well, let's take a quick break. When we return,
I want to switch gears a little bit and talk
about the role that nuclear is playing as well. You're
listening to the Energy Mix radio show. We'll be right back.
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Speaker 2 (21:22):
And we're back. You're listening to the Energy Mix radio
show Alca. I have a question about the nuclear energy
role that it's also that that nuclear is playing in
Finland as well. As I said earlier, ninety five percent
of Finland's electricity is coming from carbon neutral sources. And
(21:42):
I think this show is really important for us to
understand that here in the United States we are struggling
with a population. I think of people that understand that
oil and gas is the primary energy source for us.
It is the good, old, reliable, but there's there's also
been so much discussion on what are alternative fuels for
(22:04):
the future that have a less carbon intense footprint. And
when we mentioned things like hydrogen, people really are okay
with that until maybe you start talking the process phase,
which is ammonia, or when we talk nuclear. Unfortunately, most
people remember things like Fukushima. But these are very low
(22:28):
carbon intense energy forms and they really do have a
place if we're going to really talk about how are
we going to lower our carbon footprint globally? Okay, because
every country provides, you know, to the atmosphere. So let's
switch gears and talk about what role does nuclear energy play,
(22:50):
which supplies nearly forty percent of Finland's electricity. You know,
as I mentioned earlier, we all at ninety five percent
of carbon neutral sources energy, Nuclear and hydrogen are playing
a role. And I want to keep talking about that
because for Americans to understand if other countries are already
(23:11):
utilizing these sources and they're actually doing well, maybe we
should not mentally shut it down as remembering Fukushima and
when we talk about nuclear, but looking at it as
it's so carbon neutral, we should be looking at it.
So what infrastructure, you know, are what tell me about
(23:32):
how nuclear is playing is supporting hydrogen production?
Speaker 3 (23:38):
Well, well, nuclear first of all has always been a
part of the finance energymics and we'll be there for
decades also going forward, so.
Speaker 4 (23:50):
That that's number one.
Speaker 3 (23:52):
But on the other hand, you could say that it
takes extremely, extremely long time to build this massive nuclear plants.
So I cannot say whether there will be any new
nuclear plants in the future, not on my my my
living life, at least. What we talk about a lot
(24:13):
these and I guess that was also in the discussions
in the in our trip in the in the USA
was the SMRs small and medium so small reactors can
be can be built much faster, and they can be
placed near near to demand, et cetera, so that that
may be the future. I do not wish to sort
(24:36):
of give any advice on any country how they.
Speaker 4 (24:40):
Go about with the nuclear nuclear approach.
Speaker 3 (24:43):
What I can say is that years back Germany decided
to get away with the nuclear energy, and of course
then came the energy crisis, and that there's a little
bit struggle on the energy energy so of demand site.
On the other hand, our neighbor Sweden, they sort of
(25:07):
did not want to build nuclear for decades, but now
it seems that there's much more active discussions on potential
nuclear in the future in Sweden. But like I said,
it has always been a sort of part of the
energemics in Finland and we believe that it's a vital
part of this future scenario or what I've been talking about.
Speaker 2 (25:34):
So is any part of the hydrogen that you're looking
at in that supply chain? Does it include some of
like you mentioned a moment ago, the small nuclear modular reactors.
On that, I'm sorry I said it incorrectly, but on
those small nuclear reactors are they do you see them
(25:54):
playing a part as well in the supply chain for
hydrogen if we're going to take it like to the
United States and you're working on it here in Houston,
does that play a part too, because I do like
the nuclear reactors to small ones and they make a
lot of sense to me.
Speaker 4 (26:10):
Yeah, I think.
Speaker 3 (26:13):
There's a place for SMRs in the future.
Speaker 4 (26:15):
I believe that.
Speaker 3 (26:19):
I think it's also fair to say that there's not
many sort of online yet, but that's something we do
talk quite a bit in Finland and around the globe.
There's a lot of sort of momentum on that topic,
so that may be the future in terms of nuclear solutions.
Speaker 2 (26:37):
Excellent, Well, we're going to take a quick break. When
we return, I want to talk about you guys producing
one million tons of hydrogen by twenty thirty. You're listening
to the Manage Mixed radio show where you're right back.
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Speaker 2 (27:22):
And we're back. You're listening to the Energy Mix radio
show Alka. I'd like to ask you about can you
tell us more about your lofty I would say target
Finland's target of producing one million tons of hydrogen by
twenty thirty. What infrastructure is being developed to support that
(27:43):
or can you And maybe it's not infrastructure, maybe it's
like you said, the whole chain but what are you
guys doing, How are you going to hit that one
million tons of hydrogen by twenty thirty.
Speaker 3 (27:54):
Yeah, well, first of all, I'd like to say that
it is a fairly long and tricky road because we
talk about the long value chains and then in the
end we have the end product, which is the hydrogen
or every but is or other other products. So what
does this require. It requires that the whole valid chain
(28:16):
develops in the balance more wind energy, more solar energy,
infrastructure side.
Speaker 4 (28:24):
I think that's vital.
Speaker 3 (28:27):
I think very uniquely, Finland is developing both the electricity
distribution networks and the gas pipelines hand in hand, so
thinking about this this uh, this big future. The plants
are made according to the future needs, so it's not
like a separate planning for electricity separate planning for the
(28:48):
gas pipelines, but they are sort of.
Speaker 4 (28:50):
Working together towards this common goal.
Speaker 3 (28:54):
And then of course the infrastructure needs to be in
the places where production is planned to be and where
the demand is planned to be. So there's a whole
lot of sort of very complicated and complex planning process
is going on, not to mention the permitting and that
sort of things. So let's I explained over sixty investment
(29:17):
process on voting, plaster, infrastructure planning, so you can you
can sort of imagine the amount of work in the movement.
Speaker 2 (29:26):
At the moment, absolutely massive. I want to let me
let me bring it back home a little bit. How
do you see the newly As I mentioned earlier in
the show, you guys just opened up the Finish Consulate
in Houston aimed at strengthening the US and Finland energy partners.
How how is that going or how is how do
you see that shaping out? I know you're going to
(29:48):
be looking at energy companies. Give us a little bit
more insight on what that looks like this consulate and
how you're going to be working with energy partners.
Speaker 3 (29:55):
What do you hope to accomplish? Well, Firstly, firstly, it
was great. It meant that we put the consulate to
Houston because there's so many interesting things happening there and
also the sort of the commonalities on certain certain sort
of segments, not only energy, but like actually during our
(30:18):
trip to Houston, there was a big, big contract signed
by our president talking about icebreakers, so ice preadkers, four
of them. I believe they are beating in the coastal
area of Texas. So technology for for icebreakers, defense, many
many things will be sort of happening there. And now
(30:41):
that we had to consulate, it can sort of support.
Speaker 4 (30:44):
All this all these industries.
Speaker 3 (30:49):
What our plan now is is that and now we
made the first trip and in essence we were making
a study trip understand the market realities. And who did
we meet. We met a sort of the stakeholder side,
We met the universities, and we met different sizes of
companies just to have the flavor of all the things
(31:12):
happening there. And actually we do not wish even the
tell exactly what's going to happen. But what I can
promise you is that we will be back and we
will be sort of giving you a more concrete flavor
of our plans moving forward. Like I said in the beginning,
(31:34):
is that this is sort of a long journey and
it's very good that we have the Consulate now supporting
our journey.
Speaker 2 (31:41):
What lessons can you as hydrogen hubs like the high
velocity here in Houston, what can they learn from Finlance
approach on scaling and energy? Is there any advice you
can give us?
Speaker 4 (31:53):
Well, let me turn that a little bit other way around.
I think it was sort of so.
Speaker 3 (32:04):
Not surprising, perhaps not wrong word, but I think realizing
the volumes of the energy, things like how much wind energy,
how much sol or how much how long pipelines so
so you guys, you have plenty of it.
Speaker 4 (32:20):
We're big and we have we have we are small
and mighty.
Speaker 3 (32:23):
But I think in terms of technology, in terms of
thinking for the organized future, we can share some of
our thinking, our ambition level, and maybe from that sort
of a combination we can find some mutually beneficial opportunities
going forward. And I must say that I was very
(32:44):
happy to see that. Even though there's there's a little
bit of a sort of other type of trend going
on now in the US, there's still the organization sort
of our projects on voting in in Houston and Texas.
So I think there's a lot of things we can
sort of plant together for the future.
Speaker 2 (33:06):
You know, I think you're right in the way of
looking at even though a lot of the projects that
were trying to get off the ground or were slated
got cut through budget cuts, there were a lot of
projects that got into play as well, and I think
that there is a desire to look at this as
an opportunity, and so I think that it doesn't necessarily
(33:27):
mean it goes away. It just may be scaled back
to a different degree. But when we look at like
Houston that they still have, you know, their their high
velocity hydrogen hubs still moving forward, and I believe there's
four or five other projects going on in the United States.
It's going to continue. And Finland, you know, you guys
are kind of ahead of us. It's a great opportunity
(33:49):
for us to look, learn, see and partner, which is
why I really wanted to bring you on the show
to help people understand that, you know, you guys are
actually already you know, way ahead of us US. There's
a lot we can probably pick up and learn from
Mighty Finland. But the ability for you guys to also,
you know, open up a consulate here and have the
(34:10):
desire to find partners who want to kind of look
at that. When we return from break, I want to
talk about opportunities potentially that we can look at working
with you guys. But let's take a quick break. You're
listening to the Energy Mixed radio show. We'll be right back.
Speaker 5 (34:27):
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Speaker 2 (36:12):
And we're back. You're listening to the Energy Mixed radio show.
Our show today focused on Finland as a country and
how they have managed to truly exist in taking ninety
five percent of their energy. Finland's energy is coming from
carbon neutral sources, and today the discussion is on how
(36:32):
the country of Finland is doing this, as well as
Finland's goal of hopefully providing Europe ten percent of hydrogen
by the year twenty thirty. And I goad this has
been an amazing show of understanding what you guys are
working on, and what I've learned from talking to you
(36:52):
today is how really this is a very massive, big
scale for mighty Finland, but you guys are doing it
and you're paving the way for what I believe the
United States has been looking at of different alternative energies,
and while hydrogen is not new, it's different opportunities to
look at how different people, different countries are doing it.
(37:15):
That really give us ideas why do we need to
keep reinventing the will when we can look at countries
that have actually done a lot of the work, figured
out a lot of the problems, and come up with solutions.
And this is where we are with the show. So,
in your opinion, what is the biggest opportunities for American
companies to try to collaborate with the innovators in hydrogen
(37:37):
and the clean energy transition.
Speaker 4 (37:42):
Thanks for the question.
Speaker 3 (37:44):
I think I will answer the following way by saying
that I work for a business Finland, which is a
governmental agency for R and B funding, export promotion, and
for end out investment attraction.
Speaker 4 (38:00):
So the collaboration could happen in all.
Speaker 3 (38:02):
These areas, so we could sort of find ways to
make R and D collaboration cross borders. We are funding
instruments for finished companies and if you side could have
their own that could work out.
Speaker 4 (38:17):
We are doing that with the many other countries. That's
number one.
Speaker 3 (38:21):
And then of course when technologies are getting ready for
export and the plant concepts. We are happy to sort
of introduce those technologies for the US companies to sort
of use advantage of those and then maybe build their
own business out of that. And on the other hand,
(38:43):
we are of course welcoming potential US investors to come
over and see if Finland and find some investment opportunities.
So there's multiple ways we can take things forward.
Speaker 2 (38:57):
And I can I ask you the content that's here
in Houston, how would that be utilized as well pertaining
to you know, our hydrogen projects or energy partners.
Speaker 4 (39:09):
Well, the key thing I think is that.
Speaker 3 (39:12):
Consulate is the first point of contact and it's his
closer closer to many of many of you over there,
and they can then convey the message to us in
business Finland or directly to the companies.
Speaker 4 (39:27):
So first portal contact.
Speaker 3 (39:30):
I'm good friend of Stephan Linstroram and he is happy
to sort of tell me what's all of discussions he
has had and we will help help out sort of
with the bigger, bigger team here in Finland.
Speaker 2 (39:44):
And I want to cover that because now he is
Stefan Lindstrom and he's actually Finland's consulate general for Houston.
So this is where he's going to spearhead efforts to
build strategic partnerships between innovation and the US energy leaders
So he's going to be the point of contact to
(40:05):
help share how Finland's clean energy leadership has been able
to turn ninety five percent of the carbon neutral electricity
into a very ambitious goal that can help unlock billions
of bilateral trade and accelerate America's clean energy futures. So
this consulate is important. Last question before I'll let you go, is,
(40:27):
in your view, what steps must the United States, if
you have any ideas to take to match Finland's momentum
and move in the same direction towards hydrogen power future.
In other words, do you see any opportunities of easy
wins for us that we could easily try to work
or look at what Finland is doing that could dovetail
(40:48):
nicely and what we've been working on here. Did you
discover any moments that were like, wait a minute, we
could easily help you with this.
Speaker 3 (40:57):
Well, a few thoughts abops not to not to say
what others have to do, but of course it's it's.
Speaker 2 (41:06):
No, that's not what you're trying it. But I love but.
Speaker 4 (41:10):
Maybe a few points.
Speaker 3 (41:12):
It was actually even even though I knew, it was
very surprising that you guys have plenty of a wind energy,
you have plenty of solar energy, and like I explained,
that's the number one thing you need to need to
have in producing green hydrogen. And then assumingly you do
have sort of water based to be utilized. I know
(41:35):
that there's some challenges on the on the underwater there
once in a while, but that's the other other element.
And if you have these two elements, you can you
can start producing green hydrogen if if that's.
Speaker 4 (41:47):
The path you guys choose.
Speaker 3 (41:51):
But like I explained, every market works on their own
sort of strengths, and you guys have a natural gas.
So that's the other pathway to de carbonized industries and
and and do it do it with the with the
profitability and business. So maybe you can sort of start
thinking about utilizing both of these pathways, both the blue
(42:15):
herds and pathways, or to say, and the green arts
and pathway in the combination.
Speaker 2 (42:21):
Very good. Any closing statement you'd like to give us,
and please make sure for our listeners anybody who wants
to learn more more. We know, we know we have
the Consulate where is it and is there a website
or something to also look and do research, give us
some closing statements.
Speaker 3 (42:38):
Well yeah, happy to happy to do closing statements. The
trip itself, it was really exciting. We learned a lot
and we actually found a good base of collaboration going
forward and really found the market realities. And you guys
are doing great job over there, so not into nothing
(43:01):
to hide away. I think it's great that you are
sort of utilizing heart attend already. Now it's a different pathway,
but of course, happy to happy to continue the collaboration.
I can't really say the email for them to consulate,
but go and search for finished Consulate Houston, so you
will find the contacts. And if any one of you
(43:25):
guys listening to this show wants to contact myself, you
can reach my email dot Homane and at Business Finland FI.
Happy to sort of comment on any any topics you
have on.
Speaker 2 (43:39):
Hear very good. We'll also include a link and some
more information when we post the show on where they
can go to contact the consulate or you. I want
to thank you for taking some time. I know it's
late in Finland, so thank you for coming on I'm
glad you had a nice visit here in Texas, and
(43:59):
I'm sure sure with our high velocity hydrogen hub in
the works, I'm sure you guys will be definitely continuing
to come and visit and play in a parts somewhere
in that hub as well. Thank you for joining me
on the Energy Mix Radio Show.
Speaker 4 (44:15):
Okay, absolutely over all, let me it. What's my pleasure
to be Yeah, thank you.
Speaker 1 (44:19):
The Energy Mix Radio Show is where we explore topics
that affect us all in the oil and gas industry.
Every week, our host will interview the movers and shakers
in this fast paced industry. You'll hear from industry experts,
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(45:02):
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Welcome to the nationally syndicated Energy Mix Radio Show, produced
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Show will give you an inside look at the energy
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Speaker 2 (00:16):
Thank you're listening to the Energy Mix Radio Show, the
show where innovation meets action in the world of clean energy.
I'm your host, Kimbalato, and today we are diving into
a story that's reshaping the global hydrogen economy. Imagine a
country smaller than Texas, with just five point five million people,
(00:39):
leading the charge to supply ten percent of Europe's clean
hydrogen by twenty thirty. Well, that country would be Finland,
and its Arctic test technology are now making big waves
right here in Texas as the US ramps up its
own multi billion dollar hydrogen initiatives, including the one point
(01:01):
two billion High Velocity Hydrogen Hub. Finland's bold strategies offer
a blueprint for transatlantic collaboration, and today we're joined by
a very special guest who is at the heart of
this movement, Ilka. Welcome to the Energy Mix Radio Show.
Speaker 3 (01:21):
Thank you very much, appreciate that, so.
Speaker 2 (01:24):
I want our listeners to know that we actually are
piping you in front Finland itself. So tell us a
little bit about what time is it, what's the weather
like in beautiful Finland?
Speaker 3 (01:36):
All right, thanks for asking. We are living sort of
a little bit more dark times here in Finland in
terms of weather because during the autumn time weather seems
to be getting darker and also a little bit more
rainy and cooler. There will be also real winter coming
(01:57):
sooner right after Christmas time. But happy to have four
seasons also in Finland. It's not very common in other
countries around the world.
Speaker 2 (02:06):
Yes, it's really not common here in Texas. Texas is
usually always hot. Even if we do have a few
months of some coldness, we typically don't get to the
degrees that you guys do. So tell us a little
bit about Fenlan hydrogen. How this became what it is today.
Speaker 3 (02:27):
Well, nice that you asked this, because it's sort of
a nice storyline as well. So let me start by
saying that the hydrogen is nothing new for us. So
we have been youthies utilizing hydrogen in the industry for decades,
so we have a tradition there.
Speaker 4 (02:45):
But now why.
Speaker 3 (02:46):
We are now sort of saying that we are saying
that we are most attractive hydrogen economy in the Europe.
So that comes from the fact that we see the
opportunity to live with the green future, meaning that we
will be producing green hydrogen with the big volumes and
(03:08):
we would be going to utilize that to decarbonize finished
industries and also to produce value added products out of that.
And why we think that the Finland is so attractive
in terms of this green transition is that we do
have our strengths. A few of them to mention is
(03:28):
that we have plenty of green ectlicity and there's plenty
of it coming online in the future. That that's number one,
and it's also very affordable, so we can be very
competitive on that one. Secondly, we do have a lot
of fresh water. Finland is very known to have a
thousand lakes and we can then by combining these two
(03:52):
we can produce through electoralizer the green hyd dozen in
big volumes. And maybe thirdly, we have a p of
biogenic COEO two which come from the traditional pop and
paper industry in Finland, and by adding these biogenic CEO
two we can sort of produce synthetic fuels with the
(04:17):
big volumes. So maybe those few points will explain while
you think that we have a good chance for growth here.
Speaker 2 (04:26):
Well, you're correct when you said that hydrogen is nothing
that is, you know, rand new, But it seems to me.
Can you give give me an example of so hydrogen
is being utilized in Finland and you're saying it's cost effective,
but in other countries such as the United States, certain hydrogen, yes,
(04:46):
but I think we're still very much in the newer
stages of developing different and more mainstream hydrogen. Can you
talk to me a little bit about like the differences
of why Finland is ahead of the rest of the
rest of especially like the United States, and how we're
still trying to find footing on how we utilize hydrogen
in a more massive production way.
Speaker 3 (05:10):
But one more thing I want to add before I
go to that one, and that is that finally is
describing the clean, clean future, meaning that we try to
decarbonize all the heavy industries by using batteries, by using
a green hydrogen. And we have committed to be carbon
(05:32):
neutral by twenty thirty five, so that that's coming very
soon and we have to work very hard and utilizing
every possible mean to achieve that. And now coming to
the US side, I think it's good to say that
we are not better than the others, but we have
(05:52):
selected the clean path for us to take forward, and
I think we do have some strongholds as explained, and
we do have developing technologies to really utilize this clean
path versus what we learned during our treat now in
Houston is that, Okay, it's a little bit different, different
(06:14):
route to the same target, meaning that the strength of
the Houston is and Texas overall and many other states
in US actually the natural gas and that gives strength
of the bluehearts and path. It's also decoganizing path, but
(06:35):
it's a different route, so there's a little bit difference
on approach.
Speaker 2 (06:40):
Well, now with the recent opening of the Finnish consulate
here in Houston, yes, you are our spear hitting efforts
to build strategic partnerships between Finnish innovators and US energy leaders.
So how are you utilizing clean hydrogen through your leadership
(07:02):
that you're coming from a place You're saying from ninety
five percent carbon neutral electricity to an ambitious production goal,
tell us and explain to us how you all are
going to help us unlock billions in bilateral trade and
accelerate America's clean energy future, because that's exciting, That is exciting.
Speaker 3 (07:21):
I think it's also fair to say that this is
one of the first trips we do on this matter,
and we were clearly on the sort of the study trip,
understanding the market realities. So we are here sort of
on the on the long journey. So we don't we
don't sort of expect big miracles happening next next few years, perhaps,
(07:45):
but this is a long journey. But I think we
failed during the trip that we perhaps brought some fresh
air into the discussions and the situation in the United
States and also Texas and Houston, and we can perhaps
learn from each other a great deal of things and
(08:08):
understanding that different markets have different strengths. So even though
I said that we are sort of looking towards the
Green Heardesent path, of course we are also interested to
look at the other paths because we are a small
country and we want to expose our technologies. Obviously, we
are looking after some great opportunities on this this this
(08:31):
path for US and and Houston has.
Speaker 2 (08:33):
Taken and I want to drill down on the technology
before we get into the lofty goals and what you
guys are trying to do. Can you can you briefly
tell us what is the technology that you guys have developed.
Speaker 3 (08:48):
Well, it's not a single technology, it's it's many and
when we talk about heartes and economy, it's a long
value chain approach and Finland is developing the whole value
chain approach. That means that you need to have the windmills,
you need to have a solar to produce the greenhydeds en.
(09:10):
Then you need to have the electrolyzer, which is this
sort of the core element of producing the greene hydrogen.
That's full of technologies that that's power electronics, that's chemistry, catalysers, etc.
So that's sort of the heart of the preinhardeded in production.
But then when we have the creenhydedgen, you start working
(09:32):
on different types of processes to produce, for instance, the
synthetic fuels or if you take the green hydrogen to
be utilized in green steel production, it's a whole different
sort of processes engaging there. So it's many, many different technologies.
Speaker 2 (09:53):
That's pretty interesting because it seems like it's the whole
approach that would actually start unlocking different keys to different
technologies as opposed to just anectual one technology. It's like
a massive solution, if you will. And I want to
drill down into that. I'm We're going to go to
break and when we return, I want to talk a
(10:15):
little bit about what's really specifically going on in Finland.
You're listening to the Energy Mix radio show. We'll be
right back.
Speaker 5 (10:22):
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Speaker 2 (13:02):
And we're back. You're listening to the Energy Mix radio
show Elka. Before the break, you were talking a little
bit about technology, what you guys hope to accomplish here
in Houston. And we've had in the past administration a
lot of emphasis on hydrogen. The new administration, President Trump,
(13:22):
does see the benefit it is in there, but it
seems as though it's somewhat has changed its direction a
little bit. But we still have the high velocity hydrogen
hub here in Texas. And there's a few around the
United States. So there's still a desire to continue to
look at hydrogen as a fuel source here in the
(13:44):
United States. And so that brings me to can we
talk a little bit about give our listeners an opportunity
to understand what you guys are working on. So Finland's
hydrogen gold is very bold. You guys want to produce
ten percent for europe supply by twenty thirty. So what
(14:04):
inspired this level of ambition for such a small nation.
Speaker 3 (14:10):
Well, great that you asked this, because when we went
to Houston, we were given a nice name, small but
mighty Finland. So like that name, Yeah, that's pretty good,
Small but mighty. So that means that in the history
of Finland we have experienced that we can do great things,
(14:35):
especially with our technologies, we can make a great impact
outside of Finland. But in this case, when we say
that we can produce ten percent of the sort of
the green heyates and need it in Europe in the future,
we also believe that we will get a big, big
capacity in Finland to produce the green hydrates and produce
(14:59):
the derivatives, produce the value added products and then bring
that over to European use and we are serious about this.
So we have made estimates and we truly believe that
this can be achieved. Of course, there's many, many things
to be done. There's over sixty investment projects in different
(15:21):
stages in Finland, so everything have to sort of being
put to the place and get real. But as a
long term commitment and the big thinking, we believe that
this can be done.
Speaker 7 (15:35):
Well.
Speaker 2 (15:36):
You know, I think when we look at the numbers,
ninety five percent finalance electricity is already carbon it's a
carbon neutral source. My thing is, or my question is
how is the country balancing sustainability with energy security, because
that has been I think a lot of the United
(15:57):
States's discussion is can it balance itself and hold its own?
So how are you guys doing it with ninety five
percent of Finland's electricity coming from carbon neutral sources?
Speaker 3 (16:09):
Yeah, that's a great question, and I can honestly say
that it is forming a kind of a challenge also
because the whole energy system will be sort of more
fluctuating and it requires a lot of sort of optimization
and balancing features in the system and automation and that
(16:33):
sort of things. But you know what, Finland is very
very sort of compatent country in terms of sustainable and
systemic solutions also, and we believe that we have a
capability is to make our energy system such that it
can cope with the renewables and it can cope with
(16:54):
the sort of the fluctuation in the production and the
demand side. And let me tell you one more thing
which is also cool to understand, is that the hydrogen
itself is also acting as an energy carrier. So for instance,
if we have over capacity from wind energy, we can
(17:15):
produce hydrogen and store it in the pipeline system. And
when there's not enough wind and the system requires the energy,
we can sort of utilize the hydrogen produced earlier. So
there's a lot of a lot of these balancing features
built into the system.
Speaker 2 (17:33):
Excellent, excellent. Well, how does Finland's Arctic test hydrogen technology
adapt or has it been utilized in like our area,
like Gulf coast humidity climate.
Speaker 3 (17:49):
Well that's a great question as well. So the Arctic
artic obviously is different than a sort of hot environment,
but there are some sort of similar features when taking
things to the cold or taking things.
Speaker 4 (18:04):
To to the to the hot.
Speaker 3 (18:06):
So at these humidity factors and then sort of changing
changing weather situations.
Speaker 4 (18:11):
So not fully adaptable.
Speaker 3 (18:14):
But I think a lot of that can be adopted
from our experience to the hot the climates like Houston East.
Speaker 2 (18:23):
Well, and it's not just Houston, it's also when we
look at you know, the Gulf Coast has many different
ports and many different areas. And then when we look
at like Midland and the Permium Basin area, that's not
going to be coastal at all, but it's still going
to be hot, and that's you know, more dusty and hot.
(18:47):
And then when you look at the Gulf coast rather
it's the Houston Chip Channel, the Porter Corpus Christie, Louisiana,
You've got just got all these different areas with you know,
different temperatures and stuff. Are more with humidity and some
are just going to be dry a dry heat versus humidity.
So I'm assuming it's adaptable within reason of all these
(19:09):
different regions.
Speaker 3 (19:12):
Yeah, well, I can tell you that Finland is also
very famous of having experience of different types of sort
of process industries, different environments, and we have been delivering
the systems around the globe different climates, different conditions. So
(19:32):
I think we can manage different conditions pretty well.
Speaker 2 (19:37):
Yeah, well, let's take a quick break. When we return,
I want to switch gears a little bit and talk
about the role that nuclear is playing as well. You're
listening to the Energy Mix radio show. We'll be right back.
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Speaker 2 (21:22):
And we're back. You're listening to the Energy Mix radio
show Alca. I have a question about the nuclear energy
role that it's also that that nuclear is playing in
Finland as well. As I said earlier, ninety five percent
of Finland's electricity is coming from carbon neutral sources. And
(21:42):
I think this show is really important for us to
understand that here in the United States we are struggling
with a population. I think of people that understand that
oil and gas is the primary energy source for us.
It is the good, old, reliable, but there's there's also
been so much discussion on what are alternative fuels for
(22:04):
the future that have a less carbon intense footprint. And
when we mentioned things like hydrogen, people really are okay
with that until maybe you start talking the process phase,
which is ammonia, or when we talk nuclear. Unfortunately, most
people remember things like Fukushima. But these are very low
(22:28):
carbon intense energy forms and they really do have a
place if we're going to really talk about how are
we going to lower our carbon footprint globally? Okay, because
every country provides, you know, to the atmosphere. So let's
switch gears and talk about what role does nuclear energy play,
(22:50):
which supplies nearly forty percent of Finland's electricity. You know,
as I mentioned earlier, we all at ninety five percent
of carbon neutral sources energy, Nuclear and hydrogen are playing
a role. And I want to keep talking about that
because for Americans to understand if other countries are already
(23:11):
utilizing these sources and they're actually doing well, maybe we
should not mentally shut it down as remembering Fukushima and
when we talk about nuclear, but looking at it as
it's so carbon neutral, we should be looking at it.
So what infrastructure, you know, are what tell me about
(23:32):
how nuclear is playing is supporting hydrogen production?
Speaker 3 (23:38):
Well, well, nuclear first of all has always been a
part of the finance energymics and we'll be there for
decades also going forward, so.
Speaker 4 (23:50):
That that's number one.
Speaker 3 (23:52):
But on the other hand, you could say that it
takes extremely, extremely long time to build this massive nuclear plants.
So I cannot say whether there will be any new
nuclear plants in the future, not on my my my
living life, at least. What we talk about a lot
(24:13):
these and I guess that was also in the discussions
in the in our trip in the in the USA
was the SMRs small and medium so small reactors can
be can be built much faster, and they can be
placed near near to demand, et cetera, so that that
may be the future. I do not wish to sort
(24:36):
of give any advice on any country how they.
Speaker 4 (24:40):
Go about with the nuclear nuclear approach.
Speaker 3 (24:43):
What I can say is that years back Germany decided
to get away with the nuclear energy, and of course
then came the energy crisis, and that there's a little
bit struggle on the energy energy so of demand site.
On the other hand, our neighbor Sweden, they sort of
(25:07):
did not want to build nuclear for decades, but now
it seems that there's much more active discussions on potential
nuclear in the future in Sweden. But like I said,
it has always been a sort of part of the
energemics in Finland and we believe that it's a vital
part of this future scenario or what I've been talking about.
Speaker 2 (25:34):
So is any part of the hydrogen that you're looking
at in that supply chain? Does it include some of
like you mentioned a moment ago, the small nuclear modular reactors.
On that, I'm sorry I said it incorrectly, but on
those small nuclear reactors are they do you see them
(25:54):
playing a part as well in the supply chain for
hydrogen if we're going to take it like to the
United States and you're working on it here in Houston,
does that play a part too, because I do like
the nuclear reactors to small ones and they make a
lot of sense to me.
Speaker 4 (26:10):
Yeah, I think.
Speaker 3 (26:13):
There's a place for SMRs in the future.
Speaker 4 (26:15):
I believe that.
Speaker 3 (26:19):
I think it's also fair to say that there's not
many sort of online yet, but that's something we do
talk quite a bit in Finland and around the globe.
There's a lot of sort of momentum on that topic,
so that may be the future in terms of nuclear solutions.
Speaker 2 (26:37):
Excellent, Well, we're going to take a quick break. When
we return, I want to talk about you guys producing
one million tons of hydrogen by twenty thirty. You're listening
to the Manage Mixed radio show where you're right back.
Speaker 7 (26:50):
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Speaker 2 (27:22):
And we're back. You're listening to the Energy Mix radio
show Alka. I'd like to ask you about can you
tell us more about your lofty I would say target
Finland's target of producing one million tons of hydrogen by
twenty thirty. What infrastructure is being developed to support that
(27:43):
or can you And maybe it's not infrastructure, maybe it's
like you said, the whole chain but what are you
guys doing, How are you going to hit that one
million tons of hydrogen by twenty thirty.
Speaker 3 (27:54):
Yeah, well, first of all, I'd like to say that
it is a fairly long and tricky road because we
talk about the long value chains and then in the
end we have the end product, which is the hydrogen
or every but is or other other products. So what
does this require. It requires that the whole valid chain
(28:16):
develops in the balance more wind energy, more solar energy,
infrastructure side.
Speaker 4 (28:24):
I think that's vital.
Speaker 3 (28:27):
I think very uniquely, Finland is developing both the electricity
distribution networks and the gas pipelines hand in hand, so
thinking about this this uh, this big future. The plants
are made according to the future needs, so it's not
like a separate planning for electricity separate planning for the
(28:48):
gas pipelines, but they are sort of.
Speaker 4 (28:50):
Working together towards this common goal.
Speaker 3 (28:54):
And then of course the infrastructure needs to be in
the places where production is planned to be and where
the demand is planned to be. So there's a whole
lot of sort of very complicated and complex planning process
is going on, not to mention the permitting and that
sort of things. So let's I explained over sixty investment
(29:17):
process on voting, plaster, infrastructure planning, so you can you
can sort of imagine the amount of work in the movement.
Speaker 2 (29:26):
At the moment, absolutely massive. I want to let me
let me bring it back home a little bit. How
do you see the newly As I mentioned earlier in
the show, you guys just opened up the Finish Consulate
in Houston aimed at strengthening the US and Finland energy partners.
How how is that going or how is how do
you see that shaping out? I know you're going to
(29:48):
be looking at energy companies. Give us a little bit
more insight on what that looks like this consulate and
how you're going to be working with energy partners.
Speaker 3 (29:55):
What do you hope to accomplish? Well, Firstly, firstly, it
was great. It meant that we put the consulate to
Houston because there's so many interesting things happening there and
also the sort of the commonalities on certain certain sort
of segments, not only energy, but like actually during our
(30:18):
trip to Houston, there was a big, big contract signed
by our president talking about icebreakers, so ice preadkers, four
of them. I believe they are beating in the coastal
area of Texas. So technology for for icebreakers, defense, many
many things will be sort of happening there. And now
(30:41):
that we had to consulate, it can sort of support.
Speaker 4 (30:44):
All this all these industries.
Speaker 3 (30:49):
What our plan now is is that and now we
made the first trip and in essence we were making
a study trip understand the market realities. And who did
we meet. We met a sort of the stakeholder side,
We met the universities, and we met different sizes of
companies just to have the flavor of all the things
(31:12):
happening there. And actually we do not wish even the
tell exactly what's going to happen. But what I can
promise you is that we will be back and we
will be sort of giving you a more concrete flavor
of our plans moving forward. Like I said in the beginning,
(31:34):
is that this is sort of a long journey and
it's very good that we have the Consulate now supporting
our journey.
Speaker 2 (31:41):
What lessons can you as hydrogen hubs like the high
velocity here in Houston, what can they learn from Finlance
approach on scaling and energy? Is there any advice you
can give us?
Speaker 4 (31:53):
Well, let me turn that a little bit other way around.
I think it was sort of so.
Speaker 3 (32:04):
Not surprising, perhaps not wrong word, but I think realizing
the volumes of the energy, things like how much wind energy,
how much sol or how much how long pipelines so
so you guys, you have plenty of it.
Speaker 4 (32:20):
We're big and we have we have we are small
and mighty.
Speaker 3 (32:23):
But I think in terms of technology, in terms of
thinking for the organized future, we can share some of
our thinking, our ambition level, and maybe from that sort
of a combination we can find some mutually beneficial opportunities
going forward. And I must say that I was very
(32:44):
happy to see that. Even though there's there's a little
bit of a sort of other type of trend going
on now in the US, there's still the organization sort
of our projects on voting in in Houston and Texas.
So I think there's a lot of things we can
sort of plant together for the future.
Speaker 2 (33:06):
You know, I think you're right in the way of
looking at even though a lot of the projects that
were trying to get off the ground or were slated
got cut through budget cuts, there were a lot of
projects that got into play as well, and I think
that there is a desire to look at this as
an opportunity, and so I think that it doesn't necessarily
(33:27):
mean it goes away. It just may be scaled back
to a different degree. But when we look at like
Houston that they still have, you know, their their high
velocity hydrogen hubs still moving forward, and I believe there's
four or five other projects going on in the United States.
It's going to continue. And Finland, you know, you guys
are kind of ahead of us. It's a great opportunity
(33:49):
for us to look, learn, see and partner, which is
why I really wanted to bring you on the show
to help people understand that, you know, you guys are
actually already you know, way ahead of us US. There's
a lot we can probably pick up and learn from
Mighty Finland. But the ability for you guys to also,
you know, open up a consulate here and have the
(34:10):
desire to find partners who want to kind of look
at that. When we return from break, I want to
talk about opportunities potentially that we can look at working
with you guys. But let's take a quick break. You're
listening to the Energy Mixed radio show. We'll be right back.
Speaker 5 (34:27):
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Speaker 2 (36:12):
And we're back. You're listening to the Energy Mixed radio show.
Our show today focused on Finland as a country and
how they have managed to truly exist in taking ninety
five percent of their energy. Finland's energy is coming from
carbon neutral sources, and today the discussion is on how
(36:32):
the country of Finland is doing this, as well as
Finland's goal of hopefully providing Europe ten percent of hydrogen
by the year twenty thirty. And I goad this has
been an amazing show of understanding what you guys are
working on, and what I've learned from talking to you
(36:52):
today is how really this is a very massive, big
scale for mighty Finland, but you guys are doing it
and you're paving the way for what I believe the
United States has been looking at of different alternative energies,
and while hydrogen is not new, it's different opportunities to
look at how different people, different countries are doing it.
(37:15):
That really give us ideas why do we need to
keep reinventing the will when we can look at countries
that have actually done a lot of the work, figured
out a lot of the problems, and come up with solutions.
And this is where we are with the show. So,
in your opinion, what is the biggest opportunities for American
companies to try to collaborate with the innovators in hydrogen
(37:37):
and the clean energy transition.
Speaker 4 (37:42):
Thanks for the question.
Speaker 3 (37:44):
I think I will answer the following way by saying
that I work for a business Finland, which is a
governmental agency for R and B funding, export promotion, and
for end out investment attraction.
Speaker 4 (38:00):
So the collaboration could happen in all.
Speaker 3 (38:02):
These areas, so we could sort of find ways to
make R and D collaboration cross borders. We are funding
instruments for finished companies and if you side could have
their own that could work out.
Speaker 4 (38:17):
We are doing that with the many other countries. That's
number one.
Speaker 3 (38:21):
And then of course when technologies are getting ready for
export and the plant concepts. We are happy to sort
of introduce those technologies for the US companies to sort
of use advantage of those and then maybe build their
own business out of that. And on the other hand,
(38:43):
we are of course welcoming potential US investors to come
over and see if Finland and find some investment opportunities.
So there's multiple ways we can take things forward.
Speaker 2 (38:57):
And I can I ask you the content that's here
in Houston, how would that be utilized as well pertaining
to you know, our hydrogen projects or energy partners.
Speaker 4 (39:09):
Well, the key thing I think is that.
Speaker 3 (39:12):
Consulate is the first point of contact and it's his
closer closer to many of many of you over there,
and they can then convey the message to us in
business Finland or directly to the companies.
Speaker 4 (39:27):
So first portal contact.
Speaker 3 (39:30):
I'm good friend of Stephan Linstroram and he is happy
to sort of tell me what's all of discussions he
has had and we will help help out sort of
with the bigger, bigger team here in Finland.
Speaker 2 (39:44):
And I want to cover that because now he is
Stefan Lindstrom and he's actually Finland's consulate general for Houston.
So this is where he's going to spearhead efforts to
build strategic partnerships between innovation and the US energy leaders
So he's going to be the point of contact to
(40:05):
help share how Finland's clean energy leadership has been able
to turn ninety five percent of the carbon neutral electricity
into a very ambitious goal that can help unlock billions
of bilateral trade and accelerate America's clean energy futures. So
this consulate is important. Last question before I'll let you go, is,
(40:27):
in your view, what steps must the United States, if
you have any ideas to take to match Finland's momentum
and move in the same direction towards hydrogen power future.
In other words, do you see any opportunities of easy
wins for us that we could easily try to work
or look at what Finland is doing that could dovetail
(40:48):
nicely and what we've been working on here. Did you
discover any moments that were like, wait a minute, we
could easily help you with this.
Speaker 3 (40:57):
Well, a few thoughts abops not to not to say
what others have to do, but of course it's it's.
Speaker 2 (41:06):
No, that's not what you're trying it. But I love but.
Speaker 4 (41:10):
Maybe a few points.
Speaker 3 (41:12):
It was actually even even though I knew, it was
very surprising that you guys have plenty of a wind energy,
you have plenty of solar energy, and like I explained,
that's the number one thing you need to need to
have in producing green hydrogen. And then assumingly you do
have sort of water based to be utilized. I know
(41:35):
that there's some challenges on the on the underwater there
once in a while, but that's the other other element.
And if you have these two elements, you can you
can start producing green hydrogen if if that's.
Speaker 4 (41:47):
The path you guys choose.
Speaker 3 (41:51):
But like I explained, every market works on their own
sort of strengths, and you guys have a natural gas.
So that's the other pathway to de carbonized industries and
and and do it do it with the with the
profitability and business. So maybe you can sort of start
thinking about utilizing both of these pathways, both the blue
(42:15):
herds and pathways, or to say, and the green arts
and pathway in the combination.
Speaker 2 (42:21):
Very good. Any closing statement you'd like to give us,
and please make sure for our listeners anybody who wants
to learn more more. We know, we know we have
the Consulate where is it and is there a website
or something to also look and do research, give us
some closing statements.
Speaker 3 (42:38):
Well yeah, happy to happy to do closing statements. The
trip itself, it was really exciting. We learned a lot
and we actually found a good base of collaboration going
forward and really found the market realities. And you guys
are doing great job over there, so not into nothing
(43:01):
to hide away. I think it's great that you are
sort of utilizing heart attend already. Now it's a different pathway,
but of course, happy to happy to continue the collaboration.
I can't really say the email for them to consulate,
but go and search for finished Consulate Houston, so you
will find the contacts. And if any one of you
(43:25):
guys listening to this show wants to contact myself, you
can reach my email dot Homane and at Business Finland FI.
Happy to sort of comment on any any topics you
have on.
Speaker 2 (43:39):
Hear very good. We'll also include a link and some
more information when we post the show on where they
can go to contact the consulate or you. I want
to thank you for taking some time. I know it's
late in Finland, so thank you for coming on I'm
glad you had a nice visit here in Texas, and
(43:59):
I'm sure sure with our high velocity hydrogen hub in
the works, I'm sure you guys will be definitely continuing
to come and visit and play in a parts somewhere
in that hub as well. Thank you for joining me
on the Energy Mix Radio Show.
Speaker 4 (44:15):
Okay, absolutely over all, let me it. What's my pleasure
to be Yeah, thank you.
Speaker 1 (44:19):
The Energy Mix Radio Show is where we explore topics
that affect us all in the oil and gas industry.
Every week, our host will interview the movers and shakers
in this fast paced industry. You'll hear from industry experts,
elected officials, and many more from the Energy Mix Radio Show.
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(45:02):
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