OMV secures €123m for Austria green hydrogen project
The funding deal was signed by OMV and Austria Wirtschaftsservice – the promotional bank of the Austrian federal government. OMV is currently building the 140MW plant in Bruck an der Leitha – a town in eastern Austria. The project was previously assessed and recommended for funding by the European Hydrogen Bank. The plant is expected to produce up to 23,000 tonnes of green hydrogen using renewable energy from wind, solar, and hydropower, starting from the end of 2027. According to OMV, this could save up to 150,000 tonnes of carbon emissions per year and enable decarbonisation of the Schwechat refinery. “By generating green hydrogen locally, this plant with a 22km pipeline running directly to the OMV refinery in Schwechat will make a considerable contribution to our decarbonisation,” said Martijn van Koten, OMV Executive Vice President,… Read More »OMV secures €123m for Austria green hydrogen project

