Why OE-governed quality assurance...

In every mature renewable market, there comes a moment when engineering quality—once assumed,...

Insurance, force majeure and...

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily...

ESG, community strategy and...

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical...

The grid-ready wind farm...

A decade ago, the success of a wind farm in Southeast Europe was...
Supported byClarion Energy
HomeSEE Energy NewsHungary: MOL launches...

Hungary: MOL launches 3D survey to explore geothermal energy at Danube refinery

MOL has begun an advanced 3D seismic survey at its Danube refinery and surrounding areas to assess the potential for geothermal energy resources. The project is part of the company’s strategy to integrate cleaner and more sustainable energy solutions into its refining operations.

The survey aims to locate underground reservoirs with water at suitable depth and temperature for geothermal power generation. If viable resources are found, they could supply a significant share of the refinery’s energy needs, reducing reliance on conventional fuels. Initial results are expected within six months, after which MOL plans to conduct detailed feasibility studies if the findings are positive.

The work uses modern 3D seismic imaging technology, which sends controlled vibration waves into the ground and analyzes the returning signals to create detailed images of underground geological structures. This method enables precise identification of potential geothermal reservoirs.

While geothermal applications in oil refining are rare, MOL sees this initiative as an opportunity to position Hungary as a leader in innovative energy use within the sector. The exploration license covers both the city of Százhalombatta and the refinery site.

The project builds on earlier renewable energy investments at the Danube refinery, including a solar power plant and a green hydrogen facility. MOL views geothermal energy as the next step in lowering the refinery’s carbon footprint and advancing its green transition goals.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Why OE-governed quality assurance is becoming the new currency of wind asset value in Southeast Europe

In every mature renewable market, there comes a moment when engineering quality—once assumed, often overlooked—becomes the defining currency of asset value. Southeast Europe is entering that moment now. Serbia, Romania, Croatia, and Montenegro are witnessing a scale-up in wind...

Insurance, force majeure and financial risk transfer — the new architecture of protection for wind investors in Southeast Europe

In the early stages of Southeast Europe’s renewable expansion, wind investors focused primarily on EPC contracts, turbine warranties, and revenue support mechanisms. Insurance was treated as a formal requirement—necessary for lenders, but rarely integrated into strategic project design. That...

ESG, community strategy and social license — the hidden financial drivers of wind success in Southeast Europe

For years, wind investment strategies in Southeast Europe focused almost exclusively on technical variables: resource quality, EPC pricing, grid access, and financing structure. But as markets mature, a new set of forces is emerging—less visible than capex or P50...
Supported byVirtu Energy
error: Content is protected !!