A new international consortium has revealed today (May 17) an integrated green fuels mega project that will produce hydrogen in Oman.
The mega project will consist of 25GW of renewable solar and wind energy, at full capacity, and will produce millions of tonnes of zero-carbon green hydrogen per annum.
The hydrogen can be used locally, exported directly or even be converted into green ammonia to enable international export.
The consortium comprises of OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech.
The partners will leverage its broad existing commercial relationships and partnerships to secure long term sales agreements.
Given the strategic location between Europe and Asia, in addition to excellent solar irradiance and wind resource facing the Arabian sea, the development is well positioned to offer a secure and reliable supply of green fuels globally at a highly competitive price.
The consortium has been conducting wind and solar monitoring analysis in the Al Wusta Governorate in central Oman since 2019.
In addition to this, the project is located near the coast that will enable the utilisation of seawater for electrolysis to produce green hydrogen.
The existing energy infrastructure in Oman provides additional future options to develop synthetic fuels for the aviation sector which could prove critical for decarbonisation initiatives.
The project will also help transform Oman’s skills base and technical expertise in renewable energy, providing a significant number of high value jobs during site construction and operation.
“It is also in-line with the country’s ambitious Oman Vision 2040 that aims to diversify the nation’s resources and maximise the financial value derived.”
Alicia Eastman, Co-Founder and President of InterContinental Energy, said, “This is a huge milestone in our mission to deliver cost competitive zero carbon fuels at unprecedented scale to meet rapidly growing global demand across sectors.
“Only by decarbonising fuels as well as electrons will the world reach Paris climate agreement targets and increasingly stringent commitments to reduce greenhouse gas emissions.”
