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Scores recomputed 4 days ago

OMV UpHy (Bruck an der Leitha)

Construction✓ Source-checked

OMV AG + Masdar JV (49% Masdar, agreement Nov 2025)

Source: IEA Hydrogen Projects Database (September 2025)

Project Overview

Country
Austria
Region
Lower Austria (Bruck an der Leitha)
Capacity
140 MW
Technology
PEM Electrolysis
Investment · scope not declared (EUR)
€700M

≈ $756M, converted at EUR_TO_USD = 1.08, fixed on 1 Jun 2026

Subsidy Status
disbursing

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Development Timeline

AnnouncedFeb 2021
FIDMay 2025
ConstructionSept 2025
OperationalDec 2027planned date

Status History

DateChangeReasonSource
17 May 2026constructionIEA Tier B Batch 3 — IEA Ref 3419—

Readiness Score

60/ 100
Advanced

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision+15
✓EPC Contract signed+10
✓Permits obtained+8
✓Grid connection secured(implied)+7

Commercial

✗Binding offtake agreement+15
✓MOU / offtake letter of intent(implied)+5
✗Confirmed price / tariff+5
✓Applied to government program+5

Financing

✗Project finance / debt secured+10
✓Subsidy (disbursing)+10

Track Record

✗Developer has completed H2 project+5
✗Developer has completed RE project+3
✗Developer has energy experience+2