OMV Petrom will invest in a 20MW-green hydrogen project and in new photovoltaic projects totaling around 90MW. Also, the company announces a first geothermal pilot project and is considering new investments in the Black Sea, more precisely in Bulgaria.
“We applied through PNRR for a 20MW green hydrogen production project at Petrobrazi. Also, we are continuing that project started in the past years of installing photovoltaic panels on the roofs of our stations. We covered 150 stations. We’ll continue this investment. Also, at the end of 2022 we had around 120 electric charging points for cars and we are also continuing this project and want to double their number by year-end. Also, we applied to a European financing project for investments in charging stations,” said Radu Căprău, member of the OMV Petrom Board, answering a question posed by Energynomics.
At the same time, the company is also considering large solar projects of its own, apart from the investment that will be made together with CE Oltenia, says Franck Neel, member of the OMV Petrom Board.
“We also have our own fields where we want to develop photovoltaic installations. We have the Doljchim site, where we are close to making the final investment decision – of about 80MW. We have another 10MW project, on other fields, even at Petrobrazi. We will continue these projects this year and we are also looking at other activities, which we cannot reveal for now,” said Franck Neel.
“On the exploration and production side, we are working on carbon capture and storage projects(CCS), we are doing an analysis to see where this can be done, at country level. We already have a geothermal energy pilot project. We are looking at the western part of Romania where there are good conditions in this sense, we are in the planning phase. We are always looking for opportunities in the Black Sea, but now the most logical choice is Bulgaria, where we have planned activities in 2023-2024”, added Franck Neel.