OMV AG Making Strides in Renewable Hydrogen Production in Austria
Key Ideas
  • OMV AG has confirmed the construction of a 140-MW electrolysis facility in Bruck an der Leitha, Lower Austria to produce 23,000 metric tons of green hydrogen annually using renewable energy sources.
  • The company's first commercial-scale green hydrogen facility near Vienna is operational, reducing up to 15,000 metric tons of CO2 emissions annually and aiding in the production of sustainable fuels and chemicals.
  • OMV also signed a collaboration agreement with Masdar to produce green hydrogen and derivatives at an industrial scale, supporting decarbonization efforts and enhancing the green hydrogen value chain.
  • In addition to hydrogen production, OMV is utilizing their ReOil technology to convert hard-to-recycle plastics into high-quality products, demonstrating a commitment to sustainability and circular economy principles.
OMV AG, an energy company, has taken a significant step towards renewable hydrogen production by finalizing the decision to build a 140-MW electrolysis facility in Bruck an der Leitha, Lower Austria. This facility aims to generate up to 23,000 metric tons of green hydrogen annually through the electrolysis of water using wind, solar, and hydro power. Scheduled to commence operations in 2027, it is anticipated to be the largest electrolytic facility in Europe for producing renewable hydrogen. OMV's ongoing efforts in the hydrogen sector also include the successful operation of a 1,500 metric tons per annum green hydrogen facility near Vienna, powered by a 10-MW PEM electrolyzer and renewable energy sources. This operational facility contributes to saving 15,000 metric tons of CO2 emissions yearly and facilitates the production of sustainable fuels like aviation fuel and renewable diesel. Moreover, OMV has forged a partnership with Masdar to collaborate on the production of green hydrogen, synthetic aviation fuel, and other synthetic fuels and chemicals in several regions. The company is not only focusing on green hydrogen but also on sustainability by employing its ReOil technology to convert hard-to-recycle plastics into premium-grade products, enhancing efficiency, flexibility, and sustainability in their operations. OMV's commitment to innovation, sustainability, and industrial transformation is evident in their various initiatives, reinforcing their position as a leader in the energy industry's transition towards greener alternatives.
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