Investors flock to Oman summit
The sultanate’s potential to become a major green hydrogen player gains recognition among international investors
A sharp increase in the number of attendees at the latest Green Hydrogen Summit Oman, held in December, highlighted the sultanate’s potential to become a major player in the sector. Prudent policymaking combined with several natural advantages—climate, low population density, political stability and position on key world trade routes—have attracted provisional commitments by heavyweight foreign firms to produce more than 90% of the government’s target of 1mt/yr by the end of the decade. The focus now is on readying a wider ecosystem to accelerate the execution of projects, with the development of infrastructure and supply chains taking priority. The IEA estimates Oman can become the world’s
Also in this section
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
16 December 2024
Sustainable aviation fuel from electrolysis has great potential for reducing aviation sector emissions, but cost, energy requirements and the need for substantial investment stand in the way of take-off