News Flash
- Oman has announced that it will construct the world’s largest green hydrogen plant.
- The plant will be constructed Al Wusta governorate on the Arabian Sea and is expected to be fully operational by 2038.
- The plant will be powered by 25 GW of both solar and wind energy.
The USD30 billion plant will use renewable energy to split water through electrolysis to produce green hydrogen.
The world’s largest green hydrogen plant will be constructed by both the state-owned oil and gas company OQ, Enertech, the Kuwait-based energy investor, and InterContinental Energy, the Hong Kong-based renewable hydrogen developer.
Most of the green hydrogen will be exported to Europe and Asia either as hydrogen or converted into green ammonia, which is easier to ship and store. The plant aims to produce up to 10 million tonnes of green ammonia and 1.8 million tonnes of green hydrogen a year.
“Most green hydrogen products will not be competitive for at least another decade,” said Falko Ueckerdt, a senior scientist at the Potsdam Institute for Climate Impact Research, who sees the Oman project as “a sign that investors anticipate large future demands for hydrogen-based fuels after 2030”.
Author: Bryan Groenendaal
