MOL Group, based in Budapest, Hungary, has successfully launched the largest green hydrogen plant in Central and Eastern Europe at its Százhalombatta refinery. The 10-MW plant produces 1,600 tonnes of clean, carbon-neutral green hydrogen annually, benefiting the environment by reducing the Danube Refinery's carbon dioxide emissions by 25,000 tons per year, an amount equivalent to emissions from around 5400 typical cars. This significant step aligns with MOL Group's strategic vision outlined in the SHAPE TOMORROW corporate strategy, aiming to enhance sustainability, competitiveness, and self-sufficiency in the region. The plant's operation involves cutting-edge technology from Plug Power, utilizing electrolysis equipment that breaks down water into hydrogen and oxygen using electricity from renewable sources, thus generating no harmful by-products. Additionally, for every tonne of hydrogen produced, 8-9 tons of pure oxygen are also generated. Ádám Horváth, the New and Sustainable Businesses Vice President of MOL Group, emphasized the importance of green hydrogen as a versatile and clean energy source. The company plans to extend the use of green hydrogen from fuel production to direct application in the transportation sector. Following the success in Százhalombatta, MOL Group aims to replicate similar green hydrogen plants in Bratislava and Rijeka, with the latter expected to be operational by 2026. The implementation of this EUR 22 million plant marks a crucial milestone in MOL Group's efforts to reduce the carbon footprint of the Danube Refinery by over 25,000 tons of carbon dioxide annually. The adoption of green hydrogen technology is set to gradually replace the current natural gas-based production process, which contributes significantly to MOL Group's total carbon dioxide emissions.