Hydrogen to become commercial in seven years in Middle East, Siemens Energy executive says – The National

  • Date: 04-Dec-2021
  • Source: The National
  • Sector:Retail
  • Country:Middle East
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Hydrogen to become commercial in seven years in Middle East, Siemens Energy executive says – The National

Hydrogen projects, which are largely in pilot phases in the Middle East, will be scaled up to become fully commercial in seven years as the clean fuel becomes more economical to produce, according to an executive board member at Siemens Energy.

"There's a lot of investment going into the direction. Here in the region, there are already investments going into pilot installations. Perhaps the next installation then is going to be an installation which is going to be 10 per cent bigger. Perhaps already has a kind of semi-commercial character," said Jochen Eickholt, executive board member at Siemens Energy.

"And then the next generation will have a completely commercial character that will happen over the next five or seven years."