Oman can be top Middle East hydrogen exporter, IEA says
Meeting 2030 production target requires $33bn of investment and a massive buildout of renewables, the IEA says in gushing report on the Gulf state’s hydrogen potential
Oman is on track to become the Middle East’s leading hydrogen exporter—and the sixth-largest exporter in the world—by 2030, as its high-quality renewable energy resources and vast tracts of available mean it has the potential for large-volume production, the IEA says. The country aims to produce at least 1mn t/yr of renewable hydrogen by 2030, a target that the IEA estimates would require cumulative investment of about $33bn. Electrolysis on this scale would need around 50TWh of electricity—greater than can be supplied by Oman’s entire electricity system. Further production targets include up to 3.75mn t/yr by 2040 and up to 8.5mn t/yr by 2050, which would be greater than Europe’s current to

Also in this section
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
11 March 2025
A reassessment of clean hydrogen’s growth trajectory is underway, but the energy vector’s long-term potential to decarbonise remains intact
10 March 2025
Collaboration has become crucial to success as projects turn out to be more complex and expensive than previously thought, industry figures tell Dubai conference
8 March 2025
Honouring the trailblazing women shaping the future of hydrogen