MOL inaugurates the largest green hydrogen plant of the region
The €22 million investment makes fuel production more sustainable - the plant will reduce the Danube Refinery's carbon dioxide emissions by 25 000 tonnes.
The green hydrogen plant, with a 10 megawatt electrolysis unit, was created by Plug Power and it will produce around 1,600 tonnes of clean, carbon-neutral green hydrogen per year.
The €22 million investment will reduce the carbon footprint of the Danube Refinery by more than 25,000 tonnes of carbon dioxide per year.
"MOL Group has reached another milestone - we can now produce green hydrogen without producing any greenhouse gases.
“Using this technology, we are able to achieve the same emissions reduction as if we took roughly 5,500 cars off the road overnight. Today, our new green hydrogen plant is only making MOL's industrial operations greener, but tomorrow it will offer solutions for the whole industry and hydrogen mobility. After Száhalombatta, we will take the technology to the other two fuel production units of the group to make the fuel production process more sustainable at each of MOL Group's refineries" said József Molnár, CEO of MOL Group.
“We are thrilled to celebrate, in partnership with MOL, the inauguration of one of Europe's largest green hydrogen plants supporting a refinery," stated Plug CEO Andy Marsh. "As a potent way to reduce carbon emissions within refinery operations, we are proud to equip MOL with cutting-edge electrolyzer technology to efficiently produce green hydrogen. Together, we are advancing towards carbon neutrality, fostering greener operations, and propelling the hydrogen economy forward."