Oman leading in green hydrogen development in the Middle East; other countries in the region also striving for power in green hydrogen.
Here’s an article posted in IEA.
According to the article,
- Oman has huge potential for renewable hydrogen production.
- Renewable hydrogen can bring multiple benefits in terms of investment, natural gas savings, and avoided CO₂ emissions.
- The International Energy Agency (IEA) has released a report analyzing Oman’s potential for renewable hydrogen production.
Oman, along with Saudi Arabia and the UAE are all positioning themselves as future hydrogen superpowers, leveraging their abundant renewable energy resources and existing energy infrastructure and expertise to become major exporters to global markets.
Here is a comparison of Oman’s initiatives on green hydrogen with those of Saudi Arabia and the UAE.
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While Oman aims to produce at least 1 million tons of renewable hydrogen annually by 2030, up to 3.75 million tons by 2040, and up to 8.5 million tons by 2050, Saudi Arabia is developing the world’s largest green hydrogen facility in its $500 billion Neom development, with plans to install 27 GW of mostly solar capacity by 2023 and almost 58 GW by 2030. The kingdom has announced an ambitious goal to produce 1.2 million tons of green hydrogen, catering to 10% of global demand by 2030.
The UAE is investing significantly in blue and green hydrogen production, specifically targeting the utilization of its current LNG export infrastructure. Both the UAE and Germany have agreed on a joint declaration of intent (JDI) outlining a strategy for transporting hydrogen to Europe.
All three countries are attracting significant foreign investment to fund their hydrogen ambitions. Oman has allocated 1,500 km2 of land for hydrogen projects by 2030, while Saudi Arabia’s Neom development will host the world’s largest green hydrogen plant in a $5 billion joint venture. The UAE is substantially extending its existing LNG harbor in Abu Dhabi to support hydrogen exports.
However, Oman appears to be slightly ahead in terms of concrete policy measures, having already established an independent hydrogen entity called HYDROM to lead its strategy. Saudi Arabia and the UAE are still developing their national hydrogen roadmaps.
Overall, Oman, Saudi Arabia and the UAE are closely aligned in their strategies to become global hydrogen superpowers, leveraging their renewable energy potential, existing energy infrastructure and expertise, and strategic locations to diversify their economies beyond fossil fuels.
Interestingly, we have some other posts related to this content:
- World’s Largest Green Hydrogen Plant to be Built by POSCO in Oman POSCO Group leads a consortium to construct the world’s largest green hydrogen plant in Duqm, Oman, with a $6.7 billion investment.
- Oman’s Green Hydrogen Production: Market Research Report Oman could produce green hydrogen at $1.60/kg by 2030, necessitating larger ammonia export facilities at Duqm and Salalah ports with a total investment of $150 billion to meet 2050 targets.
