PKN Orlen outlines $1.85bn hydrogen strategy
Polish refiner to develop hydrogen production and distribution hubs across Central Europe with heavy focus on transport applications
Polish oil refiner PKN Orlen plans to roll out over 100 hydrogen refuelling stations in Central Europe and develop 540MW of clean hydrogen production capacity by 2030 as part of a PLN7.4bn ($1.85bn) strategy approved by its board this week. Clean hydrogen production and distribution will be developed around ten hydrogen hubs across Central Europe, producing around 60,000t/yr. The production will be based on electrolysis powered by renewables as well as conversion of municipal waste, the company says. “We already have strong capabilities in developing hydrogen technologies, backed by our vast experience in the field. And the implementation of our hydrogen strategy will position us as a partne
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges