To make hydrogen a practical alternative fuel for vehicles, its cost must be comparable to petrol. Additionally, it has to be green—produced using renewable energy sources like solar or wind power.
One of the most significant initiatives is being developed in Oman, with around $30 billion dedicated to creating a vast infrastructure of solar farms covering an area the size of Slovakia. The aim is to produce 1 million tonnes of green hydrogen by 2030, 3.75 million tonnes by 2040, and 8.5 million tonnes by 2050. At these production levels, the economic value of hydrogen could dwarf the current overseas sales of LNG by the Sultanate.
A significant hurdle will be the development of the extensive infrastructure required for hydrogen distribution, especially since a substantial portion of the hydrogen will be designated for export. Observing how Oman handles these challenges and achieves the targeted costs per kg will be vital.
Oman is dedicating an area the size of Slovakia to solar power projects to produce green hydrogen—gas produced entirely from renewable sources. This massive investment positions Oman at the forefront of the green hydrogen revolution.
