OMV Secures €123 Million In Subsidies To Build 140 MW Green Hydrogen Plant In Austria

OMV Secures €123 Million In Subsidies To Build 140 MW Green Hydrogen Plant In Austria


Austrian group OMV has signed a funding agreement with the state for its green hydrogen project in Bruck an der Leitha. The 140 MW plant is expected to produce up to 23,000 tons annually from late 2027.

OMV and Austria Wirtschaftsservice GmbH (aws) have concluded an agreement guaranteeing production subsidies of up to €123 million for the future green hydrogen plant in Bruck an der Leitha, Lower Austria. The project had previously received a positive assessment from the European Hydrogen Bank (EHB), which recommended it for funding. According to OMV, this facility will rank among the five largest green hydrogen production sites in Europe.

An Investment of Several Hundred Million Euros

The Austrian group indicates it is investing a sum in the mid-hundreds of millions of euros in this project. The plant, with a capacity of 140 megawatts, is scheduled to come online in late 2027. According to data provided by the company, the site will produce up to 23,000 tons of green hydrogen annually from renewable energy sources including wind, solar, and hydropower.

OMV states that this production would avoid up to 150,000 tons of carbon emissions annually. A 22-kilometer pipeline will directly connect the plant to the OMV refinery in Schwechat. According to Martijn van Koten, OMV Executive Vice President for Fuels and Chemicals, this infrastructure will contribute to the decarbonization of the group’s refining operations.

A Joint Venture with Masdar Nearing Completion

In November 2025, OMV and Masdar, a UAE-based group specializing in clean energy, signed an agreement to establish a joint venture. This joint structure covers the financing, construction, and operation of the 140 MW electrolyzer. Finalization of the joint venture is expected in early 2026, subject to completion of final documents, shareholder approval, and regulatory clearances.

Alfred Stern, Chairman of the Executive Board and CEO of OMV, described the project as a milestone for the energy transition in Europe. The executive believes the positive assessment from the European Hydrogen Bank and Austrian financial support represent a strong signal for the future of sustainable energy supply. This project is part of the group’s Strategy 2030 and Austria’s hydrogen strategy.



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