Saudi Arabia accelerates its gigaprojects; Doha prepares to play the gracious World Cup host; Energy transition drives improved efficiencies in water sector
Net-zero ambitions reshape the region; Oman s outlook improves amid easing economic pressures; Top 100 megaprojects – the Middle East s biggest investments
With an addressable market worth up to $12tn by 2050 in the utilities industry alone, the race is on to build at-scale facilities producing green hydrogen and its derivatives.
Still in its infancy as a commercially viable fuel, hydrogen produced sustainably by using renewable energy to power the electrolysis of water can provide vast quantities of clean fuel. And for Middle East producers, it allows them to store and transport the other energy source that they have in abundance – sunlight.
It is already possible to envisage vast solar farms across the deserts of the Middle East that are used to generate clean hydrogen fuel that can be sold locally, exported through pipelines or used as feedstock for higher-value chemical products.