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MOL Group inaugurates 10 MW electrolyzer unit

MOL Group inaugurates 10 MW electrolyzer unit
On April 11, 2024, MOL Group held an official opening ceremony marking the completed installation of a 10 MW Plug Power electrolyzer, the largest green hydrogen unit in the region (photo courtesy MOL Group).

In Hungary, MOL Group, a central European integrated oil, gas, petrochemicals, and consumer retail company, has officially opened a 10 MW green hydrogen plant at its Százhalombatta refinery, the largest in Central and Eastern Europe. The new plant will reduce the Danube Refinery's carbon dioxide emissions by 25,000 tonnes annually.

With the new electrolyzer unit supplied by US-headed Plug Power, Inc., MOL will be able to produce 1,600 tonnes of clean, carbon-neutral green hydrogen per year opening a new chapter in the hydrogen economy.

The new technology will gradually replace the natural gas-based production process at Százhalombatta, which currently accounts for one-sixth of the MOL Group’s total carbon dioxide (CO2) emissions.

Using renewable electricity, the plant will start producing in the second half of 2024. MOL will use green hydrogen primarily in its network for fuel production.

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, at the inauguration ceremony of the new green hydrogen plant.

The EUR 22 million investment in Százhalombatta is aligned with MOL Group’s SHAPE TOMORROW corporate strategy to make the region more sustainable, competitive, and self-sufficient, and it will reduce the carbon footprint of the Danube Refinery by more than 25,000 tonnes of CO2 annually.

We are thrilled to celebrate, in partnership with MOL, the inauguration of one of Europe’s largest green hydrogen plants supporting a refinery. 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, said Andy Marsh, CEO at Plug Power.

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