MVM seeks leadership role in hydrogen production
Image by Shutterstock.com
The goal of the MVM Group is to become Hungary's indisputable leader in the production of carbon-free hydrogen by 2030, Zsolt Bertalan, Group-level Technology and Innovation Director, told portfolio.hu.
The company's goals also include being ready to operate a hydrogen-producing infrastructure by the end of the decade, as well as providing hydrogen to its partners in addition to electricity, natural gas and heat.
MVM's efforts in this direction are in line with the National Hydrogen Strategy and support it in several respects beyond energy applications, Bertalan stressed, emphasizing the study of the economic and technical possibilities of providing carbon-free hydrogen for mobility, transportation and industrial use.
In its vision for the decade, the company also intends to place great emphasis on research and development and innovation activities launched with the cooperation of Hungarian higher education institutions.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
