GCC poised for key role in global green hydrogen market, says World Future Energy Summit report

GCC poised for key role in global green hydrogen market, says World Future Energy Summit report

Abu Dhabi, UAE – The GCC is poised to play a key role in the world’s much anticipated future hydrogen market, with the UAE, Saudi Arabia and Oman looking to become leaders in the export of clean fuel, which will help drive the evolution of the region’s energy sector, according to a new report by the World Future Energy Summit.

Coming a week ahead of the World Future Energy Summit - the leading business event for future energy and sustainability which runs at Abu Dhabi National Exhibition Centre from January 16-18 – the report, commissioned from business consultancy Frost & Sullivan, paints a picture of huge opportunity for the region.

The report highlights that with GCC countries seeking to achieve energy sustainability through a combination of renewable energy integration, energy-efficiency implementations and hydrogen production and transport, the region’s energy sector is set for wide-scale evolution.

“Hydrogen has gained increasing recognition as a key contributor to the evolution of the energy sector and is expected to play a key role in decarbonising the economy across end-use sectors in the GCC,” says the report. It adds: “GCC countries, especially the UAE, Saudi Arabia and Oman, are working on national strategies aimed at developing the hydrogen