ORLEN's Ambitious Hydrogen Initiative Secures Funding for Renewable Hydrogen Projects
Key Ideas
- ORLEN Group secures $460 million in funding for Green H2 and Hydrogen Eagle projects from the National Recovery Plan to advance renewable hydrogen production through electrolysis.
- The projects aim to create diverse sources for both renewable and low-emission hydrogen, fortifying European hydrogen infrastructure, and reducing CO₂ emissions.
- ORLEN plans to achieve a total electrolysis-based hydrogen capacity of 0.9GW by 2035, with a focus on domestic development in Poland and potential imports to meet additional demand.
- Investments in PEM electrolyser producer Hystar for zero-emission hydrogen production and expansion of the electricity distribution network further support ORLEN's hydrogen initiatives.
ORLEN Group in Poland has secured 1.7 billion zlotys ($460 million) in non-repayable funding under the National Recovery Plan for its Green H2 and Hydrogen Eagle hydrogen projects. These initiatives aim to advance renewable hydrogen production through electrolysis using renewable energy sources and low-emission hydrogen from municipal waste. The Hydrogen Eagle project focuses on creating diverse sources for renewable and low-emission hydrogen, utilizing innovative waste-to-hydrogen technology powered by renewable energy sources and municipal waste. The Green H2 project specifically targets generating renewable hydrogen for refinery operations at the Gdańsk fuel production facility. Spearheaded by LOTOS Green H2, the project includes a 100MW electrolyser coupled with an energy storage system. The funding will accelerate progress in the hydrogen segment, expanding and scaling up hydrogen production infrastructure efficiently to reinforce domestic and European hydrogen supply networks while supporting decarbonisation efforts. ORLEN aims to achieve a total electrolysis-based hydrogen production capacity of 0.9GW by 2035, with plans for domestic development in Poland and potential import strategies. ORLEN's investments in PEM electrolyser producer Hystar for zero-emission hydrogen production and electricity distribution network expansion further demonstrate their commitment to advancing hydrogen technology and sustainable practices.
Topics
Projects
Renewable Energy
Green Technology
Decarbonisation
Energy Storage
Electrolysis
Investments
European Infrastructure
Corporate Investment
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