In 2021, Hungary launched its National Hydrogen Strategy, which highlighted the country’s objective of introducing clean hydrogen and hydrogen technologies to the domestic market. To help meet the country’s goals, MOL Group inaugurated an electrolyzer at its Danube refinery in Hungary, the largest in Central and Eastern Europe. The electrolyzer allows the Group to produce green hydrogen without releasing greenhouse gases. CEO József Molnár shares, “Using this technology, we can achieve the same emissions reduction as if we took roughly 5,500 cars off the road overnight.”
The Danube facility processes 165,000 barrels of oil per day and aims to produce 1,600 tonnes of green hydrogen annually. To improve sustainability at each of the Group’s refineries, Molnár plans to install the electrolyzer at two other production units. The equipment utilizes electricity from renewable sources to break down water into hydrogen and oxygen, producing no pollutants. It yields 8-9 tonnes of pure oxygen per tonne of hydrogen. The company views hydrogen production as a potential revenue stream and aims to play a significant role in the regional hydrogen market.
