Oman to launch third green auction
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
Oman has unveiled plans to launch its third auction of green hydrogen concessions in the first quarter of 2025, defying the recent cooling of global industry sentiment. Auctioned blocks of land are expected to be allocated to prospective project developers in late 2025 or early 2026, state developer Hydrom said at an investor day in Muscat in early December. However, the design of the auction mechanism is expected to differ from the first two rounds as the government takes into account the challenges faced by developers globally in progressing projects to FID. Revisions to the block allocation process could include the use of novel mechanisms such as the double auction structure pioneered by
Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment
