OMV and Austria Wirtschaftsservice GmbH (aws) attained a funding agreement securing as much as €123 million in manufacturing funding guarantees for a proposed green hydrogen plant in Bruck an der Leitha, Lower Austria. The European Hydrogen Bank (EHB) had formerly reviewed the venture favorably and endorsed it for funding. This considerable venture is anticipated to improve Austria’s hydrogen strategy and aid OMV’s Strategy 2030
Alfred Stern, Chairman of the Executive Board and CEO of OMV: “The positive assessment made via the European Hydrogen Bank and the ensuing funding from the Austrian state for our green hydrogen plant is a robust signal for the future of sustainable energy supply and Austria as a location. With our venture, we are setting a breakthrough for the energy transition in Europe and demonstrating how OMV integrates development and responsibility.”
OMV is investing a sum in the mid-loads of millions of euros in Bruck an der Leitha. The 140 MW plant is scheduled to enter operation on the cease of 2027 and could then be one of the five largest in Europe. At the plant, OMV will produce up to 23,000 tons of inexperienced hydrogen annually using renewable power from wind, sun, and hydropower, leading to a saving of as much as 150,000 heaps of carbon emissions in step with yr. “By producing green hydrogen regionally, this plant with a 22-kilometer pipeline running directly to the OMV refinery in Schwechat will make a significant contribution to our decarbonization,” commented Martijn van Koten, OMV Executive Vice President, Fuels and Chemicals.
In November 2025, OMV and Masdar, a main global corporation for clean energy, signed an agreement to establish a joint venture(JV). The planned JV incorporates the financing, construction, and operation of the 140 MW electrolyzer plant to generate green hydrogen in Bruck an der Leitha. The JV is anticipated to be concluded in early 2026, subjected to the of completion of the very last document, agreement from shareholders, and regulatory approval.
