MVM Hydrogen

Country
Hungary

MVM Group’s hydrogen related activities are mainly focusing on sector integration via hydrogen as an energy vector, and their primary goal is to supply energy sector

Lead developer MVM Group
Project partner

H2 end use

Partners from the energy sector

Locations
Hungary | Budapest

Project details

Production volume

H2 production from electrolysis

950 H2 tons/year

H2 color

Green

Total investment (CAPEX)

70 EUR m

Value chain coverage

H2 production

Polymer electrolyte membrane (PEM) electrolyser

H2 Storage

Artificial

H2 transport

Pipeline

End use

Energy

Hydrogen supply to gas-fired power plants

Project timeline

Current status: Feasibility study completed

Planned timeline

Q4 2023 Concept study completed
Q2 2026 Feasibility study completed
Q4 2029 Final Investment Decision taken
Q4 2032 In operations

Current main activities

Stakeholder commitment and MoUs with key partners (e.g., industry, municipalities, utilities)