Oman plans 25GW renewables-powered green hydrogen project
A consortium of Oman’s state-owned energy company OQ, Hong Kong-based green fuels developer Intercontinental Energy and Kuwait’s EnerTech has revealed plans for a green hydrogen plant in Oman which will be powered by 25GW of renewable energy
A consortium of Oman’s state-owned energy company OQ, Hong Kong-based green fuels developer Intercontinental Energy and Kuwait’s EnerTech has revealed plans for a green hydrogen plant in Oman which will be powered by 25GW of renewable energy.
The consortium began undertaking a solar and wind monitoring study for the project in 2019, and has identified an area in the central Al-Wusta governorate that has significant solar radiation during the day and strong wind at night to enable the development of both solar and wind capacity for the green hydrogen scheme.
“OQ is proud to announce our biggest project in this field, which aims to maximise utilitisation of Oman’s natural resources of solar and wind to produce green hydrogen,” Salim al-Huthaili, CEO of alternative energy at OQ, was quoted in a press release.
“Alternative energy is a key driver for OQ’s long-term growth and a cornerstone of its strategy. It is also inline with the country’s ambitious Oman Vision 2040 that aims to diversify the nation’s resources and maximise the financial value derived.”
The project would be the largest green hydrogen project in the Middle East. Saudi Arabia has appointed a consortium to develop a $5bn green hydrogen-based project at the planned $500bn Neom development on the Red Sea Coast of the kingdom, one of the kingdom’s Public Investment Fund (PIF’s) key megaprojects planned to diversify the country’s economy away from a dependence on oil.
The project will be powered by more than 4GW of renewable energy, and will be able to produce 1.2 million tonnes per year of ammonia. The plant will produce 650 tonnes of hydrogen daily.
Intercontinental Energy is part of a group which is planning to a green hydrogen project in Australia which will be powered by 26GW of solar and wind energy.
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