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