Austria’s OMV (oil, gas and chemicals company) and Kommunalkredit Austria AG (infrastructure and energy financing company) early this week announced a partnership to build a large electrolysis plant at the OMV Schwechat Refinery. The plant has been revealed to have a production capacity of 1,500 metric tonnes/year. It seemed the plant is for the captive capacity to fulfil the OMV refinery needs.
Green hydrogen is a type of hydrogen which is produced without releasing any CO2 emission during the production process. This also applies to the electricity used during the hydrogen production process. OMV & Kommunalkredit hydrogen JV has declared to be a green hydrogen plant.
“We will meet RED-II requirements for green electricity; the type of green electricity generation is still open. It is too early to name providers,” OMV spokesperson told H2 Bulletin. The company added that the plant would have a green electricity requirement of approx. 80 GWh per year and will be able to produce up to 1,500 metric tonnes of green hydrogen per year.
“In addition to using the green H2 in the refinery, we are also planning to set up an option for the green H2 in the heavy-duty segment (buses, trucks) of mobility,” OMV told H2 Bulletin.
OMV said that the project is funded by the Austrian Climate and Energy Fund with € 4.5 million [US$ 5.4 million] CAPEX.