In the United Arab Emirates, Gulf Business reported that Oman’s Hydrom has signed agreements worth $11 billion to develop two new green hydrogen production projects with the Electricité de France (EDF Group) consortium as well as Actis and Fortescue. The report noted that the signings follow the completion of Hydrom’s second round of auctions bringing the total hydrogen production in Oman to 1.38 million tons per year (mtpa) by the end of the decade. “Oman is strategically located between two key green hydrogen demand centers in Europe and Asia. This, in addition to, our tier-1 infrastructure and logistics capabilities has enabled us to leverage our first-mover advantage in the global hydrogen industry,” said Salim Nasser Al Aufi, the Minister of Energy and Minerals and chairman of Hydrom. The project with the EDF Group consortium seeks to produce approximately 178,000 tpa of green hydrogen by 2030, using around 4.5 gigawatts (GW) of wind and solar energy coupled with battery storage and an estimated 2.5 GW electrolyzer. Meanwhile, the project with Actis and Fortescue will involve the construction of up to 4.5GW of wind and solar renewable energy resources that will power electrolyzers with the potential to produce up to 200,000 tons of green hydrogen annually, the report added.
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