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Related: About this forumSaudi Arabia Aims For Global Hydrogen Leadership
Saudi Arabia Aims For Global Hydrogen Leadership
Alan Mammoser - Oct 10, 2024,
Saudi Arabia, the Middle Easts leading energy producer, continues to pour significant resources into development of low- and zero-carbon hydrogen, apparently determined to capture a major share of the emerging global industry.
According to news reports this week, the Kingdoms Public Investment Fund (PIF) has created Energy Solutions Company to finance green hydrogen power production with up to $10 billion in investment capital.
A formal announcement is expected soon. The news follows on a statement by PIF governor and Aramco chairman Yasir Al Rumayyan earlier this year, that Saudi Arabia wants to invest more in green hydrogen and have 15% of blue hydrogen production globally.
While a national hydrogen strategy first appeared in outline in 2020, the country has moved forward gradually under guidance of the Saudi Ministry of Energy. Its diverse hydrogen pathways include numerous initiatives of state oil company Saudi Aramco and affiliates and the new NEOM project...
...Meanwhile the countrys northwest, with magnificent wind and solar resources, is home to the NEOM Green Hydrogen Company (NGHC), now developing the worlds largest such project with first production anticipated next year....more
https://oilprice.com/Alternative-Energy/Fuel-Cells/Saudi-Arabia-Aims-For-Global-Hydrogen-Leadership.html
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Saudi Arabia Aims For Global Hydrogen Leadership (Original Post)
Caribbeans
Oct 13
OP
Think. Again.
(18,615 posts)1. Yes, unfortunately the U.S. has decided....
...to allow our energy security to be in the the hands of virtually every other nation besides us.
We have given away our only opportunity to take the lead in the energy future for no good reason other than pandering to the climate denialists who are a minority of the American public.
kiri
(897 posts)2. Converting fossil methane to carbon dioxide is hardly 'green'
I am not convinced. So-called green hydrogen comes from taking methane (natural gas, CH4)), stripping off the hydrogen, and releasing CO2, which is still a green house gas! That's the same CO2 that comes from burning methane. Which is far simpler than a fuel cell---which needs fancy membranes, catalysts, much maintenance.
Practical, affordable fuel cells have always been 5 years in the future for at least 40 years.