Browsing: REGIONAL

The Ministry of Trade, Industry, and Energy has given producers or importers of green hydrogen a legal foundation for subsidizing the difference between the production costs of green hydrogen and gray hydrogen in order to ensure the competitiveness of green hydrogen.

According to a recent report by the World Future Energy Summit, the GCC is poised to play a significant role in the highly anticipated future hydrogen market, with the UAE, Saudi Arabia, and Oman seeking to become global leaders in the export of clean fuel, which will help drive the evolution of the region’s energy sector.