ORLEN Group Secures PLN 1.7 Billion for Green Hydrogen Projects in Poland
Key Ideas
- ORLEN Group's flagship projects, Green H2 and Hydrogen Eagle, receive PLN 1.7 billion funding to accelerate renewable and low-emission hydrogen production in Poland.
- The investment will support the expansion of hydrogen infrastructure, including electrolysis-based production from renewable sources and municipal waste.
- ORLEN aims to increase hydrogen production capacity to 0.9 GW by 2035, with a focus on reducing carbon emissions and advancing renewable energy sources.
- The funding is part of Poland's National Recovery Plan to boost economic growth, strengthen competitiveness, and promote hydrogen technologies.
The ORLEN Group in Poland has secured PLN 1.7 billion in non-repayable funding under the National Recovery Plan for its Green H2 and Hydrogen Eagle projects. This financial support will be utilized to enhance the production of renewable and low-emission hydrogen through technologies like electrolysis powered by renewable energy and waste-to-hydrogen processes. The strategic investment aims to accelerate progress in the hydrogen sector and expand infrastructure efficiently, benefiting both domestic and European supply networks. ORLEN's commitment to hydrogen technology aligns with its goal to increase electrolysis-based hydrogen production to 0.9 GW by 2035, with a significant portion originating from Poland. The Hydrogen Eagle initiative focuses on diverse sources of renewable and low-emission hydrogen production, including renewable energy and municipal waste conversion. Similarly, the Green H2 project by LOTOS Green H2, a subsidiary of ORLEN, targets the production of renewable hydrogen for refinery operations. The grants awarded to ORLEN Group are part of the National Recovery Plan's strategy to revive the economy, enhance competitiveness, and advance hydrogen technologies. Overall, the funding will play a crucial role in reducing carbon emissions, promoting sustainability, and driving the transition towards cleaner energy sources.
Topics
Europe
Renewable Energy
Infrastructure
Technology
Sustainability
Investment
Energy Transition
Decarbonisation
Economic Recovery
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