Oman Green Energy Hub will rival in size $36 billion Aussie mega project tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
Oman Green Energy Hub will rival in
size $36 billion Aussie mega project Published: 8:35 PM, May 22, 2021 Hong Kong-based InterContinental Energy, the world’s biggest green hydrogen developer, is a key investor in either venture
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The Oman Green Energy Hub a giant integrated green fuels project unveiled last week for development across the vast desert settings of the Sultanate’s Al Wusta Governorate is expected to mirror in scope and capacity an equally ambitious scheme planned in Western Australia with an estimated investment of $36 billion.
Leading the development of the proposed Asian Renewable Energy Hub in Australia is Hong Kong-based InterContinental Energy, the same developer named last week in the international consortium behind the Oman Green Energy Hub. Privately-owned InterContinental Energy is billed as the world’s largest green hydrogen with a portfolio of around $100 billion in investments globally.
Project peers: Hong Kong-based InterContinental Energy, the world’s biggest green hydrogen developer, is a key investor in either ventureThe Oman Green Energy Hub a giant integrated green fuels project unveiled last week for development across the vast desert settings of the Sultanate’s Al Wusta Governorate is expected to mirror in scope and.
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The World’s First Major Hydrogen Hubs Are In The Making By Alan Mammoser - Jan 06, 2021, 11:00 AM CST
A profuse literature on hydrogen is coming forth from companies, governments, and energy market analysts. All are seeking the most likely paths forward for what is anticipated to be a key energy intermediary in a future carbon-free economy.
It is all conceptual for now, as hydrogen production for industrial use remains quite carbon-intensive. It looks to later in the 2020s and 2030s, when hydrogen’s importance as an energy store and carrier should emerge. Hydrogen may prove indispensable for energy storage in the power sector, and for the sector coupling that interconnects energy users and power sources.
18 December 2020 11:00 GMT Updated 18 December 2020 11:05 GMT
DEME Concessions and the Alternative Energy unit of Oman’s national oil company OQ jointly plan to build a 250-500MW electrolyser facility to produce green hydrogen or derivatives such as green ammonia from wind and solar power plants in the Arab Sultanate.
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The facility is slated to be built in the Special Economic Zone at Duqm, Oman, in cooperation with The Public Authority for Special Economic Zones and Free Zones (OPAZ).