A MOL Group executive recently expressed optimism about the transition of current grey hydrogen consumers into major green hydrogen producers. The oil and gas company, with refineries in Hungary, Slovakia, and Croatia, inaugurated a 10MW electrolyser plant at its Száhalombatta refinery near Budapest. This installation marks a significant step towards replacing existing grey hydrogen consumption with green hydrogen production. The move highlights MOL Group's commitment to embracing sustainable practices and renewable energy technologies in line with the global shift towards cleaner energy sources. By investing in green hydrogen infrastructure, MOL Group aims to position itself as a key player in the evolving hydrogen economy, contributing to reducing carbon emissions and fostering a more environmentally friendly energy sector. The company's strategic decision underscores the growing importance of green hydrogen as a viable alternative to traditional fossil fuels, signaling a positive outlook for the future of sustainable energy production.