Business Case

OUR VISION

Transforming traditional refineries into renewable energy powerhouses through innovative hydrogen production.

EPHYRA’s Advantage

At the heart of Greece’s energy transformation, we’re building a state-of-the-art Alkaline Electrolysis system – initially scroped at 30 MW and now upgrade to 50 MW – to:
  • Replace 1,200+ tonnes of conventional/grey hydrogen annually
  • Launch operations in 2026
  • Expand to meet growing industrial demands
    Support the transition to sustainable transport and maritime fuels
This strategic upgrade enhances flexibility and scale while keeping the original hydrogen production targets intact.

Immediate Impact
(2026-2028)

Our pressurized Alkaline Electrolysis system will revolutionize the MOH refinery in Corinth by:

  • Replacing fossil-based hydrogen with green hydrogen
  • Eliminating CO2 emissions from traditional steam methane reforming
  • Supporting heavy-duty transport sector development
    Enabling up to 90% GHG emission reduction in biofuel production

Scaling for
the Future

Building on our initial success, we’re expanding to:
  • Support large-scale biofuel production
  • Process renewable feedstocks for HEFA production
  • Create diverse renewable products:
  • Support large-scale biofuel production
  • Process renewable feedstocks for HEFA production
  • Create diverse renewable products:

Maritime Innovation

Long-term vision includes:
  • Development of renewable maritime fuels
  • Green methanol production
  • Sustainable ammonia solutions
  • Negative CO2 footprint achievement through CCS integration

Electrolyser Configuration

  • 50 MW electrolysis capacity, upgraded from the original 30 MW baseline through Recovery and Resilience Facility (RRF) co-funding
  • Flexible operational schedule
  • Strategic renewable energy integration

Full Load Scenario

  • 8,000 operating hours annually
  • 240,000 MWh/annum renewable energy consumption
  • 128 MW renewable energy production capacity
  • Quarterly synchronization optimization

Contact for Business Inquiry

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