With more than 1000 projects – nearly 800 of which are set to be commissioned by 2030 – requiring $320bn in investment having been announced globally, the hydrogen market’s growth is aligned with ongoing decarbonisation endeavours. Saudi Arabia, where oil revenue contributed an average of 75% of total budget revenue between 2010 and 2022, is at the forefront of this process. Guided by Vision 2030, the Kingdom aims for renewables to account for 50% of its domestic energy mix by 2030 and to reach net-zero … Continue reading Renewable potential: Efforts under way in NEOM position the Kingdom to become the world’s largest green hydrogen producer