MOL Group has made a significant stride in the realm of green hydrogen production with the inauguration of a 10 megawatt capacity green hydrogen plant at its Százhalombatta refinery. This cutting-edge facility is capable of producing 1,600 tonnes of clean, carbon-neutral green hydrogen annually, effectively slashing the Danube Refinery's carbon dioxide emissions by a noteworthy 25,000 tonnes each year. The technology behind this achievement lies in Plug Power's electrolysis equipment, which utilizes electricity sourced from renewable sources to split water into hydrogen and oxygen, without generating any harmful by-products. In fact, the plant also yields 8-9 tonnes of pure oxygen per tonne of hydrogen produced, contributing to environmental sustainability. The successful operation of this EUR 22 million plant not only signifies a substantial reduction in the carbon footprint of the Danube Refinery but also serves as a pivotal step in MOL Group's overarching strategy to transition towards green energy. Plans are already underway to replicate this success in other locations, with upcoming green hydrogen plants scheduled for Bratislava and Rijeka. Furthermore, the deployment of green hydrogen by MOL in fuel production not only aids in decarbonizing the company's operations but also demonstrates the potential for direct utilization of green hydrogen in the transportation sector. As MOL Group continues to spearhead innovative solutions for a cleaner future, the integration of green hydrogen technology stands out as a beacon of sustainability and progress in the energy landscape.