Neom blazes green hydrogen trail
Neom Green Hydrogen Company’s success may be difficult to repeat but provides important lessons – and similarities -- for future projects
The story of Neom Green Hydrogen Company (NGHC) may be unique but it is also one that should serve as a guide, perhaps a beacon, for other green hydrogen projects. The 2.2GW complex will produce both green hydrogen and ammonia in the planned Neom city in 2026 and will help drive Saudi Arabia’s Vision 2030 sustainable development goals. But rather than be considered as a one-off, the initiative should be seen as a catalyst for growth especially across the Middle East which can funnel oil and gas wealth into other natural resources. “The Middle East has all of the ingredients needed to make it a key region for green hydrogen development,” said Alec Johnson, a partner in law firm White & Ca
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