MOL is investing in green hydrogen
MOL refines green strategy ahead of major investment
Hungarian refiner aims to build experience of green hydrogen production through deployment of pilot projects ahead of a larger commitment to the sector
Hungarian refiner MOL Group is developing plans to deploy at least 100MW of electrolyser capacity in an industrial-scale investment in green hydrogen production by 2030, aimed at decarbonising its own operations and supplying clean fuels to the mobility market. As a first step, MOL plans to launch pilot production plants at each of its three refineries—in Hungary, Croatia and Slovakia—to gain operational experience ahead of the main investment, said Adam Horvath, vice-president of new and sustainable businesses. “From a decarbonisation point of view, we know that this will be an important technology and, in the long term, we believe that it will play a role in the future energy mix of transp
Also in this section
18 June 2025
The country’s green hydrogen sector can gain traction even as the global trade war rages and other headwinds hamper the sector, Mohsen al-Hadhrami, undersecretary of energy and minerals, tells Hydrogen Economist
18 June 2025
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
