In continuation to what the Minister of Energy, His Royal Highness Prince Abdulaziz bin Salman, announced about the Saudi-European orientations toward a more open partnership era, especially in energy, hydrogen, and crude oil supplies, which approached one million barrels per day last September, according to the delivery of Saudi Aramco channels and marketing outlets led by Aramco Trading Company.
This is not what the Ministry of Energy’s portfolio aspires to, which is also working on a long-term perspective and wider horizons in the Saudi green hydrogen energy space, where Europeans have been sniffing the drops of its supplies before the start of the opening of the largest hydrogen production plant in the world in the city of NEOM.
These foundational pieces led to the creation of accords, the most recent of which was the Saudi-French agreement on the significance of assuring security and energy supplies to global markets at a time when the Kingdom continues to be a dependable partner in crude oil supplies to France. Aside from cooperation within the parameters of the bilateral cooperation agreement for the peaceful uses of nuclear energy, there are also opportunities for cooperation between the two nations in the fields of petrochemicals, electricity, energy efficiency, innovation, and technology. These opportunities also include the promising fields of clean hydrogen and renewable energy, in which French companies actively participate. removing carbon.
Greece, in turn, was drawn to the Saudi environment for green hydrogen, along with cooperation for projects involving clean energy, clean hydrogen, and electrical interconnection, as an active player in the fields of energy export to Greece and Europe, clean hydrogen and its transfer to Europe, energy efficiency, the oil, gas, and petrochemical industry, and the adoption of the economic approach. Carbon collection, reuse, transport, and storage are just a few of the technologies that employ circular carbon to lessen the effects of climate change.
According to Greek Prime Minister Kyriakos Mitsotakis, who sought to find ways and means to supply Saudi hydrogen to the European market, explaining that Greece has enormous shipping capabilities, looking forward to Greece playing a pivotal role in Saudi hydrogen, whose export requires enormous innovations and investments, in addition to the Greek plans to supply Saudi hydrogen, whose imports Greece is anticipating and find their way to the European market.
As a result, many European nations, including Germany, were drawn to the signing of agreements on the production and exploitation of hydrogen. The two nations also announced a joint energy partnership in the fields of clean hydrogen fuel production, processing, use, transportation, and marketing, as well as supporting the export of Saudi hydrogen fuel and the components used in its production, such as kerosene. Industrial, employed in Germany for the generation of energy as well as the execution of projects involving the manufacture, processing, consumption, and transportation of low-carbon hydrogen fuel.
The Kingdom actually demonstrates that “green hydrogen” constitutes the next major development in the world of energy in light of its radical advantages, so it is obvious that Europe will tend to promote stronger sustainable energy relations and alliance with the Kingdom in the world’s green energy transformations. utilizing it as a fuel for environmentally friendly, sustainable, and climate-change-unaffected modes of transportation.
With full confidence in the Kingdom’s enormous potential to transform quickly to the most efficient energy systems, not in reducing harmful emissions but in preventing their penetration into the atmosphere, Germany sought out the Saudi partnership on the production and exploitation of hydrogen, which the Kingdom is proud to adopt. This allowed Germany to establish itself as the most powerful economic and industrial nation in Europe. The Kingdom claims that hydrogen has developed to play the most significant role in terms of removing carbon and reducing its proportions in the air. As fuel to provide the city of NEOM with energy and export it to the world, the Kingdom claims that hydrogen has expanded to play a practical and safe option.
Prince Abdulaziz bin Salman, the energy minister, is in charge of the German partnership system that aids in achieving the “Kingdom 2030” vision’s objectives for sustainable development, environmental preservation, support for innovation, knowledge transfer, and the creation of more high-quality jobs for the nation’s citizens, with an emphasis on his “inherent potential.” His Highness thought that hydrogen was “one of the most important types of future fuels, in terms of its contribution to supporting cooperation efforts between countries to address climate change issues,” and that “hydrogen was never unknown, but now it has become part of the basic strategic thinking for energy.”
The choice of Germany as Saudi Arabia’s chosen partner in this strategic partnership, which represents its faith in its capabilities, makes the Kingdom proud. Germany’s cooperation with the Kingdom is strengthened by two things: its position as a global economic force and its generalized superiority in technology, which is widely praised. Prince Abdulaziz bin Salman later confirmed that the Kingdom has the necessary capabilities to be a global leader in the production and use of hydrogen. He cited the Kingdom’s efforts to build the world’s first “green hydrogen” facility in the city of NEOM and export shipments of “blue hydrogen” to other countries as examples.
And the Ministry of Energy will assist NEOM in all energy-related fields, including, for instance, the projects that NEOM intends to establish to exploit the mix of solar and wind energy, with the goal of making NEOM a leading region in the world that relies on sustainable energy to meet all of its energy needs. NEOM is one of the most significant and ambitious projects of the Kingdom’s Vision 2030.
In order to free up capacity for more valued exports and position the Kingdom as a key partner for European markets in the energy transition, the Kingdom’s analyses suggest that the scenario may once again put emphasis on replacing oil in the energy mix with natural gas and solar energy. This work could spur the use of the quantities of solar energy required to help the nation meet its ambitious goal of producing 50% renewable energy by 2030.
As one of the biggest environmental victories promised by the Kingdom and the biggest ambition that cannot be matched in the world so far, the Kingdom is also making great strides in the major transformation projects of green hydrogen fuel, which will be pumped to new fuel stations for cars instead of gasoline, as well as for buses and trains, to planes with sustainable fuel. And it is diligently pursuing its goals of being the world’s leading producer and exporter of hydrogen as well as the strongest country in integrated energy.
The Kingdom also places a strong emphasis on maintaining its leading position in supplying the globe with clean energy by encouraging more innovation and development and by advocating for long-term, all-encompassing solutions that take into account the various national conditions. As Japan was successful in purchasing shipments of premium blue ammonia from Saudi Arabia for use in producing carbon-free energy, the Kingdom was successful in exporting clean energy to the world.
The Saudi-Japanese blue ammonia supply chain encompasses every stage of the value chain, including the transformation of hydrocarbons into hydrogen and ultimately ammonia while also absorbing related carbon dioxide emissions. A circular carbon economy is a framework in which carbon dioxide emissions are decreased, eliminated, recycled, and reused as opposed to being released into the atmosphere. This accomplishment demonstrates one of several approaches to this notion.
And with the numerous oil and gas facilities connected to the energy giant Saudi Aramco and one of the biggest petrochemical fortresses, SABIC, the Kingdom continually seeks to share with the world its unique experience in initiatives to utilize carbon and turn it into an economic value. While the Saudi perspective is unambiguous regarding the significance of balancing global energy requirements with environmental needs, the challenge lies in how to produce more energy while reducing emissions. This is because the world needs more energy due to a growing population and people want social and economic development.
The Kingdom is converting automobiles and other forms of transportation to the best fuels available, such as hydrogen. The Kingdom is without a doubt the best, and many nations have started to emulate it after it built the world’s first hydrogen automobile fuelling station there and demonstrated how well hydrogen can be used in a variety of energy sectors to cut carbon emissions.
It is a significant step towards extending the uses of oil and gas as sources to extract hydrogen and use it as a fuel for sustainable transportation and communications with a clean environmental impact and no impact on climate change. This presents a great opportunity for the Kingdom to further explore the potential of hydrogen fuel and realize its goal of offering workable green energy sources and sustainability for a clean fuel future.