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.
The Hyundai Motor Group is changing the pace of hydrogen automobile development, which was picked as a future food source.
According to a recent study conducted on behalf of Transport & Environment (T&E), investments in the refining of biofuels are eight times larger. This suggests that the “big bet” made by Europe’s oil majors on hydrogen as the future’s transportation fuel is not as large as it appears in theory.
The Renault company has chosen Punch Torino, a renowned center of expertise for propulsion systems and electronics, for the development of diesel and hydrogen engines.
Turkey wants to develop a more adaptable electrical grid by increasing its electrolyzer capacity, a crucial part of producing green hydrogen, to 5 gigawatts by 2035.
Hystar, a Norwegian manufacturer of hydrogen, had raised $26 million in finance, from Mitsubishi and Nippon Steel Trading, two Japanese industrial conglomerates.
Shell Oman acquired a 35 percent ownership in Green Energy Oman (GEO), the partnership that is building the biggest renewable green hydrogen project in the nation in the Omani governorates of Al Wusta and Dhofar. From up to 25 gigawatts of solar and wind energy, hydrogen will be created.
The use of hydrogen should enable climatic neutrality. But if it escapes unchecked, it can potentially have a significant negative impact on the environment. The need for building a hydrogen infrastructure is increased as a result, as even little leaks from hydrogen pipes can have significant negative effects on the environment.
A global partnership for hydrogen production technology has been formed by Topsoe and Fidelis New Energy.
An approximately twelve-kilometer natural gas pipeline has been purchased by Thyssengas GmbH from RWE Generation SE, for hydrogen transport.
