Nel Hydrogen Electrolysis Plant Order
Sector: Hydrogen • Location: Norway
Source: Energy Watch
Statkraft has canceled its order for a 40MW electrolysis plant from Nel, which was initially placed in Q4 2022. The order, valued at NOK 120 million (USD 11.5 million), is now being removed from Nel's order book due to the inability to create a viable commercial model under current market conditions.
- Status
- Closed
- Sector
- Hydrogen, Commercial
- Location
- Norway
- Updated
- 22 Jul 2026
- Source
- Energy Watch
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Project Information
Participants
| Not available for this record. |
Status
Original status | Cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Statkraft has canceled its order for a 40MW electrolysis plant from Nel, which was initially placed in Q4 2022. The order, valued at NOK 120 million (USD 11.5 million), is now being removed from Nel's order book due to the inability to create a viable commercial model under current market conditions. |
Original sector | Energy |
Budget |
Location
Country | Norway |
Source
Source | Energy Watch |
URL |
More Details
Record type | Project |
Sector | Hydrogen, Commercial |
Article published date | 2025-05-07 |
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