MOL's Green Hydrogen Plant Commences Production in Hungary
Key Ideas
  • MOL's 10 MW green hydrogen plant in Szazhalombatta has started production, capable of producing 1,600 tonnes of carbon-neutral green hydrogen annually for fuel production.
  • The plant utilizes electrolyzing equipment from US-based Plug Power, powered by renewable sources, to produce hydrogen and oxygen while reducing CO2 emissions by 25,000 tonnes at the Danube Refinery.
  • Adam Horvath, MOL Group VP, announced plans to establish similar plants in Bratislava and Rijeka, with the latter expected to commence production by 2026.
  • The plant's EUR 22m investment showcases MOL's commitment to sustainability and signifies a step towards cleaner energy production in the region.
Hungarian oil and gas company MOL has commenced production at its green hydrogen plant located at its Szazhalombatta refinery near the capital. The 10 MW capacity plant is set to produce 1,600 tonnes of clean, carbon-neutral green hydrogen annually, suitable for fuel production. Utilizing technology from US-based Plug Power, the plant's electrolyzing equipment breaks down water into hydrogen and oxygen using electricity from renewable sources. In addition to hydrogen, the plant generates 8-9 tonnes of clean oxygen for every tonne of hydrogen produced. MOL has invested EUR 22m into this initiative, aimed at reducing CO2 emissions by 25,000 tonnes at the Danube Refinery. Adam Horvath, MOL Group VP, has revealed plans to replicate similar plants in Bratislava and Rijeka, with the Rijeka plant expected to start operations in 2026. This sustainable investment underscores MOL's commitment to environmental responsibility and signifies a significant step towards cleaner energy production within the region.
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