The Gulf’s green hydrogen wager
Oil-producing economies of the Gulf are rapidly emerging as global centres for green hydrogen production, propelled by pioneering decarbonization strategies, abundant solar energy and substantial capital reserves. The momentum is encouraging regional governments to successfully transition from hydrocarbon dominance to a post-oil era with long-term sustainability and comparable financial returns.
The GCC nations are positioning themselves as key players in the global hydrogen economy, said Atif Rehman, Director Energy Infrastructure Solutions, EMEA at Enerflex Ltd said in a LinkedIn post.
With abundant renewable energy resources and ambitious sustainability goals, these countries are investing heavily in hydrogen production, particularly green hydrogen derived from renewable energy sources, he added.
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