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| Section | SOCIETY | |||
| TOPIC | ||||
MOTOR OIL |
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| Blue Med & White Dragon Project in IPCEI | ||||
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White Dragon: Development of an innovative, integrated green hydrogen project in the Greek territory. In addition, the creation of an Industrial Hydrogen Research Center
Blue Med: Development of a hydrogen production unit at the refinery. Creation of a cluster of integrated production cycle of low carbon footprint and renewable hydrogen for transport, distribution and use in industry and transport (buses and ships) |
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Investors, partners, suppliers, society, government |
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| 2021-2025 |
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Motor Oil Group comes one step closer to the emerging European Hydrogen value chain. The Blue Med & White Dragon projects were selected among the Important Projects of Common European Interest (IPCEI) "Hydrogen" that were pre-notified to the relevant European institutions. Blue Med is developing the production of renewable and ultra-low carbon footprint hydrogen, with a target of 2025. The project includes the operation of the refinery's hydrogen production unit for carbon dioxide capture and is enhanced by the production of renewable hydrogen produced by water electrolysis. White Dragon, with the participation of the country's largest energy groups, is a project to transform Western Macedonia into a valley of renewable hydrogen. The aim is to produce pure hydrogen for transport, distribution and use in industry as well as land and sea transport. The commitment of our Group is to support and implement development projects to strengthen the European Green Agreement and with the main goal of reducing the environmental footprint. |
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White Dragon: DEPA Emporias, Advent Technologies, Damco Energy, PPC, DESFA, ELPE, Pipeworks of Corinth, TAP, TERNA Energy, Region of Western Macedonia
Blue Med: PPC, DESFA |
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| Participation of Motor Oil Group employees |
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White Dragon: Western Macedonia Blue Med: Corinth Motor Oil Refinery |
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| White Dragon: Gradual energy transition through replacement of lignite power generation units and transition to clean forms of energy, with the ultimate goal of decarbonizing the country.
Blue Med: Very low carbon footprint and renewable hydrogen production |
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-Reduction of the refinery's environmental footprint and gradual decarbonization -Export of low carbon footprint products -Creating a flexible, scalable and competitive hydrogen value chain
Public available information: https://www.businessdaily.gr/epiheiriseis/46609_motor-oil-dyo-megala-shedia-sto-ydrogono-kai-ependyseis-stis-ape |
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