“Landscape of Low-Carbon Hydrogen Market: a MENA perspective”, Keynote address at the “Canada Advancing Clean Energy” event in Abu Dhabi, 19 Jan 2022

22 January, 2022
read 1 minute

Dr. Nasser Saidi, in his capacity as the Chairman of the Clean Energy Business Council (CEBC), gave an opening keynote titled “Landscape of Low-Carbon Hydrogen Market: a MENA perspective“, at the “Canada Advancing Clean Energy” event held in Abu Dhabi on the 19th of January 2022.

The presentation addresses the nascent state of the hydrogen market as well as exploring the current market for hydrogen projects in the Middle East & North Africa region before summing up with key takeaways (copied below):

  • Global Hydrogen market is still in its infancy: need to build the foundations of a sustainable market
  • Develop strategies & roadmaps on hydrogen’s role in energy systems
  • Hydrogen can become an important component of the energy transition and decarbonisation policies, accounting for 22% of final energy use by 2050
  • Hydrogen in MENA: 47 projects, total investment $55bn, 5.3 mn tons
  • GCC can become major producers and exporters of hydrogen helping to de-risk their fossil fuel assets
  • Renewable/Clean Energy producers should form an alliance/organisation to develop the industry and market

Read Next

publication

Weekly Insights 30 Sep 2022: GCC Economic Recovery is Increasingly Supported by the Non-Oil Sector

Weekly Insights 30 Sep 2022: GCC Economic Recovery is Increasingly Supported by the Non-Oil Sector

30 September, 2022

publication

Weekly Economic Commentary – Sep 26, 2022

Markets Most equity markets tumbled last week on recession worries, after several central banks raised

26 September, 2022

publication

Weekly Economic Commentary – Sep 19, 2022

Markets Most equity markets closed lower last week on investors’ expectations of a looming global

19 September, 2022