Munich-based clean-tech startup Electrochaea and Hungarian utility MVM establish power-to-gas joint

Electrochaea successfully operates a power-to-gas pilot plant with a power consumption of one megawatt near Copenhagen, Denmark. The future plant in Hungary will be the world's first grid-scale power-to-gas plant with a power consumption of up to 10 megawatts. © www.electrochaea.com

Munich/Budapest, October 24, 2016 – The Hungarian utility MVM (Magyar Villamos Müvek) and Munich-based clean-tech startup Electrochaea GmbH are building the world's first grid-scale power-to-gas plant together, which has a power consumption of up to 10 megawatts. The plant will be located in Hungary. For this purpose, Electrochaea and the MVM Group-related research and development incubator Smart Future Lab Plc founded the company Power-to-Gas Hungary Ltd (PtG Hungary Ltd). The contracts were signed in Budapest on October 17.

 

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November 2nd, 2016 - 15:17h