PKN Orlen secures €158mn grant for 100MW green hydrogen plant
The European Commission has approved Polish state aid toward the electrolyser project, due to start operations in 2027
Poland’s PKN Orlen has secured €158mn ($174mn) in state aid towards a large-scale green hydrogen project developed by its special purpose vehicle Lotos, following approval by the European Commission. Lotos will install a 100MW electrolyser, along with 50MW of solar and 20MWh of battery storage, to produce up to 13,600t/yr of green hydrogen for use in PKN’s Gdansk refinery. The plant is due to start up in 2027. 130,000t/yr – PKN Orlen target for renewable hydrogen by 2030 PKN announced its merger with Lotos last year. The company targets net zero across all scopes by 2050 and a 25pc absolute reduction in CO₂e emissions from refining, petrochemicals and upstream businesses by 2030. PKN
Also in this section
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology