Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Caribbeans

(1,001 posts)
Fri Nov 8, 2024, 05:06 PM Nov 8

The Saudis Eye Hydrogen And A New Energy Superpower Status


A worker fuels a car with high-purity compressed hydrogen at a Saudi Aramco and Air Products hydrogen statiopn ... Xinhua News

The Saudis Eye Hydrogen And A New Energy Superpower Status

Forbes | Ken Silverstein | Nov 6, 2024

Saudi Arabia aims to diversify its economy and lower its emissions, which has led the nation to explore hydrogen as a solution. The Public Investment Fund of Saudi Arabia will invest $10 billion in the production of green hydrogen. This venture, named Energy Solutions Company, will also receive funding from Saudi Aramco, Gulf News reported.

While the country may be well-positioned for this venture, it must also prepare for a future with reduced oil dependency. It could lead to severe economic disadvantages if it fails to do so. This is why the Kingdom has introduced its Vision 2030, which aims to generate half of its electricity from renewable sources by that year. Saudi Arabia could conquer the new energy economy by leveraging its renewable energy capacity to produce green hydrogen.

“Saudi Arabia is committed to achieving net-zero emissions by 2060,” Seonghoon Woo, chief executive and co-founder of Amogy, which produces a carbon-free ammonia cracking technology and in which Saudi Aramco is an investor, told me in an interview. “With significant financial resources, deep expertise in the petrochemical sector, and some of the world’s most abundant renewable energy sources, the country is well-positioned to become a large-scale producer of clean hydrogen.”

Woo said by email that Saudi Arabia has some of the world’s most robust solar radiation levels and vital wind resources, enabling it to produce green hydrogen at scale and, thus, at a competitive cost. Moreover, the Kingdom’s location along major trade routes facilitates the efficient shipping of hydrogen, likely from ammonia, to key markets in Northern Europe, South Korea, Japan, and Singapore...

Will The Gulf States Become Hydrogen Hubs?

The green hydrogen market will expand from about $1 billion today to $30 billion in 2030, according to MarketsandMarkets.more
https://www.forbes.com/sites/kensilverstein/2024/11/04/the-saudis-eye-hydrogen-and-a-new-energy-superpower-status/

Mohammad Abdelqader El-Ramahi, Chief Green Hydrogen Officer, Masdar

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The Saudis Eye Hydrogen And A New Energy Superpower Status (Original Post) Caribbeans Nov 8 OP
My question is: "Where do they get the ammonia from?" Otto_Harper Nov 8 #1
Renewables Caribbeans Nov 8 #2
Oh. Renewables. Otto_Harper Nov 8 #3

Otto_Harper

(746 posts)
1. My question is: "Where do they get the ammonia from?"
Fri Nov 8, 2024, 05:13 PM
Nov 8

The thing is, ammonia is produced by a chemical reaction between Nitrogen from the air, and hydrogen. In their case, I must assume they use methane from their abundant hydrocarbons as the feedstock for this reaction. In that case, where does the carbon which is liberated go?

Otto_Harper

(746 posts)
3. Oh. Renewables.
Fri Nov 8, 2024, 07:53 PM
Nov 8

I wish all problems could be so easily solved by using a one-word glib non-answer, backed up by a couple of ChiCom propaganda videos.

Latest Discussions»Issue Forums»Environment & Energy»The Saudis Eye Hydrogen A...