An international consortium comprised of OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Kuwait government-backed clean energy investor and developer, announced in a statement that the consortium is developing an integrated green fuels mega project in Oman.
The consortium has been collaborating on the project for more than three years, which will consist of 25 gigawatts (GW) of renewable solar and wind energy at full capacity to produce millions of tons of zero-carbon green hydrogen per annum.
The Consortium has been conducting wind and solar monitoring analysis in the Al Wusta Governorate in Central Oman since 2019. The project is also located near the coast for seawater intake and electrolysis.
The hydrogen can be used locally, exported directly, or converted into green ammonia for international export.
Demand comes from the shipping sector, which requires green ammonia for its significant decarbonization needs, the aviation sector, which will utilise synthetic fuels made from green hydrogen, parts of the ground transportation sector, such as rail and trucking, which are expected to adopt green hydrogen as a fuel source, as well as heavy industry located in areas such as North West Europe that will use green hydrogen to fuel their industrial processes including the production of steel.
In addition, power companies across East Asia with a legacy reliance on coal and gas are planning to transition to green ammonia in order to reduce their carbon emissions.
The consortium partners will leverage their broad existing commercial relationships and partnerships to secure long-term product sales agreements. Given the site’s strategic location between Europe and Asia, as well as 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, statement said.
Earlier during December 2020, OQ in JV with Belgium’s DEME Group announces the commencement of HYPORT Duqm Green Hydrogen project in the Special Economic Zone at Duqm, Oman. (read more)
