Renewable hydrogen is at the forefront of MENA region’s clean energy and sustainable future. The region is under the spotlight for significant green hydrogen-related strategic national plans and investments in recent times, especially since COP27 held in Egypt last year, now furthered by COP28 in the UAE in December.
Thanks to a combination of factors such as rising global demand (especially from Europe), cost reductions via innovation, and pre-existing conditions suitable for production (including affordable RE and transportation of green hydrogen), the region is emerging as a robust hydrogen export hub catering to the global supply chain for renewable hydrogen in the coming decades.
MENA region currently accounts for about 10 percent of hydrogen production globally, although most of it is gray hydrogen made from fossil-based energy sources. By 2050, the region is expected to double its global share to around 20 percent, with blue hydrogen (using methane and carbon-capture) and green hydrogen dominating.
Enteq Technologies plc (LON:NTQ) develops and supplies equipment for Measurement, Logging and Geo-steering while drilling of wells for the Geothermal, Oil and Gas markets.
