OMV Petrom Expands Green Hydrogen Capacity to 55 MW

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Summary · why it matters

OMV Petrom has expanded its planned green hydrogen production capacity at Romania's Petrobrazi refinery to 55 megawatts following the delivery of a second 35-MW electrolyzer. The new system, consisting of seven 5-MW electrolysis modules supplied by Germany's Neuman & Esser, will combine with a previously delivered 20-MW electrolyzer to produce around 8,000 tonnes of green hydrogen annually using renewable electricity. The hydrogen will primarily support OMV Petrom's new sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) plant, currently under construction at Petrobrazi. The 35-MW electrolyzer alone is expected to produce around 4,700 tonnes of hydrogen annually and has received approximately €29 million in financing through Romania's National Recovery and Resilience Plan. These hydrogen projects are part of a broader €750 million investment in sustainable fuels at Petrobrazi, which includes €560 million for the SAF/HVO plant and €190 million for the two green hydrogen facilities. The new plant will have capacity to produce 250,000 tonnes of sustainable fuels annually, with production scheduled to begin in 2028. OMV Petrom has already secured buyers for part of that output, including a five-year agreement with parent company OMV covering up to 360,000 tonnes of SAF and HVO beginning in 2028, with an estimated value exceeding €800 million at recent market prices. More than 80% of the plant's feedstock requirements for its first eight years have also been secured. Petrobrazi currently supplies roughly 35% of Romania's fuel demand and has an annual refining capacity of 4.5 million tonnes.

Impact on stocks 2

Energy · 1 stocks
OMV Aktiengesellschaft
OMV
▲ PositiveDemandrelevance

Parent OMV signed a five-year agreement worth over €800M to buy up to 360,000 tonnes of SAF/HVO from OMV Petrom's new plant.

Biotech & Genomic Medicine · 1 stocks

Theme Impact 2

Off-coverage companies 2

OMV PetromPrivate▲ Positive
Capitalrelevance

OMV Petrom expanded green hydrogen capacity to 55 MW as part of a €750M sustainable-fuels investment at Petrobrazi.

Neuman & EsserPrivate▲ Positive
Demandrelevance

Neuman & Esser supplied the second 35-MW electrolyzer (seven 5-MW modules) for OMV Petrom's green hydrogen project.

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