Hydrogen ambitions require massive investment – MEED

  • Date: 01-Dec-2022
  • Source: MEED
  • Sector:Oil & Gas
  • Country:UAE
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Hydrogen ambitions require massive investment – MEED

Some 50 green hydrogen projects planned in the Middle East and North Africa require an investment of at least $165bn. If successfully implemented, stakeholders expect to export the bulk of output to net-zero economies in Asia and Europe

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Thanks to investment in renewable energy sources that capitalise on the region’s ubiquitous sunshine, and plans to invest further in new technologies such as hydrogen, the Gulf has positioned itself as a clean energy provider for the future.