January 06, 2026 [Storage Terminals Magazine]- Gen2 Energy has received confirmation of a total capacity reservation of 195 MW for its project at Nesbruket in Vefsn municipality.
Of the total capacity, 87 MW has been allocated in the existing power grid. The remaining capacity is subject to planned grid development in the Helgeland region, in which Statnett plays a key role.
First Phase Secured
With this confirmation, the company has secured capacity for the first phase of the project. The facility will be able to produce up to 30 tonnes of liquefied green hydrogen per day. Green hydrogen is a zero-emission fuel that can be used in the maritime sector and other applications, contributing to significant reductions in CO₂ emissions. Over time, production will be scaled up to the full capacity of 195 MW.
Lena Halvari, CEO of Gen2 Energy, said: “This is an important milestone for Gen2 Energy and for the Mosjøen project. We have worked in a focused and systematic manner over time to reach this point, and the capacity reservation provides the predictability we need to move the project forward towards a final investment decision and construction start. The project and the facility will contribute to emission reductions and local value creation, both during construction and once the plant is in operation.”
Maritime Sector Transition
Halvari emphasised that green hydrogen will play a key role in the transition of the maritime sector: “To succeed in reducing emissions in the maritime sector, green hydrogen must be made available at scale. The capacity reservation at Nesbruket is an important step in that direction.”
Significant work has already been carried out in the development of the Nesbruket site. The overall project will be developed and built in phases and is expected to generate increased activity, new jobs and further industrial development in the region.
About Gen2 Energy
Gen2 Energy is a project development company with four locations along the Norwegian coast. The company has a total portfolio of 995 MW and is working to establish a complete hydrogen value chain, primarily targeting the maritime sector. Realisation of the company’s projects can enable a substantial contribution to emission reductions in Norwegian shipping and support Norway’s and the EU’s climate targets.
Gen2 Energy expressed its sincere thanks to Mosjoen og Omegn Naeringsselskap (MON) and Vefsn municipality for their strong and constructive collaboration. The company looks forward to continued development together with all involved parties, and to working even more closely with Linea and Helgeland Kraft towards realisation of the project.
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