MOL Group's Green Hydrogen Milestone in Central Europe
Key Ideas
  • MOL Group inaugurated Central and Eastern Europe's largest green hydrogen plant, with a 10-megawatt capacity in Százhalombatta, Hungary.
  • The facility will produce 1,600 tons of carbon-neutral green hydrogen annually, aiming to reduce the company's carbon footprint and lower CO2 emissions by over 25,000 tons per year.
  • The plant uses Plug Power's electrolysis technology, powered by renewable electricity, to generate hydrogen for fuel production, with plans to replicate the model in Slovakia and Croatia.
  • MOL's focus on green energy and commitment to smart green transitions are evident through this significant step towards clean energy production at its refinery plant.
MOL Group has achieved a significant milestone in the green energy sector by unveiling the largest green hydrogen plant in Central and Eastern Europe at its Százhalombatta refinery in Hungary. With a capacity of 10 megawatts, this plant is a crucial part of MOL's strategy to embrace clean energy solutions. By producing 1,600 tons of carbon-neutral green hydrogen annually, the facility will contribute to reducing the company's carbon footprint significantly. The technology employed, utilizing electrolysis from Plug Power and renewable electricity, ensures that the production process generates no polluting by-products. MOL Group's Director of New and Sustainable Businesses, Ádám Horváth, emphasized the importance of green hydrogen as a clean energy source that plays a pivotal role in fuel production and carbon emissions reduction. The impact of this plant is noteworthy, with an expected decrease of over 25,000 tons of carbon dioxide emissions annually at the Százhalombatta refinery. Furthermore, the company's future plans involve replicating this success in Bratislava, Slovakia, and Rijeka, Croatia, showcasing MOL's commitment to green energy and the transition towards sustainable practices in the refining industry.
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