UAE targets $1.3/kg blue hydrogen
Country should target green and blue hydrogen production as it looks to develop market, says Qamar Energy report
The UAE could produce blue hydrogen for as little as $1.3/kg based on IEA estimates for gas prices, according to a report from consultancy Qamar Energy. This is at the low end of the range calculated by thinktank the Energy Transitions Committee of the possible costs of producing blue hydrogen today. The range is $1.3-2.9/kg depending on the cost of natural gas and carbon capture and storage infrastructure. The Hydrogen Council estimates the cost of producing blue hydrogen in Europe at $2.1/kg today, falling to about $1.8/kg by 2030. The UAE has access to cheap natural gas, and the report notes that its CO₂ storage costs are likely to be lower than most locations. “Storage sites are formed b
Also in this section
20 January 2025
China and India are leading the region in terms of electrolyser development, while Australia accounts for nearly half of Asia’s active hydrogen projects
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential