Oman's Green Hydrogen Revolution: Fueling Economic Growth and Job Opportunities
Key Ideas
  • Oman aims to produce 1 million tonnes per annum of green hydrogen by 2030, powered by 35 GW of renewable energy, creating massive employment and localisation opportunities.
  • The country emphasizes the development of a comprehensive manufacturing ecosystem beyond just solar panels to support the green hydrogen sector.
  • Continuity in planning and execution is crucial to achieving the long-term goal of producing 8-9 million tonnes of green hydrogen per annum by 2050, requiring significant expansion.
  • Investment in 8 green hydrogen projects is estimated at $127 billion, with the sector expected to contribute an additional 50% to Oman's GDP by 2050, creating a substantial job market.
Oman is undergoing a green hydrogen revolution with ambitious plans to produce 1 million tonnes per annum of green hydrogen by 2030 through 35 GW of renewable energy, leading to vast employment and localisation opportunities. Minister Al Aufi stressed the importance of developing a broader manufacturing ecosystem beyond just solar panels to support the sector's growth. Planning for the future and ensuring continuity are highlighted as key factors in achieving the target of producing 8-9 million tonnes of green hydrogen per annum by 2050, necessitating substantial expansion. The 8 signed green hydrogen projects in Oman require a labor force of 70,000-80,000 and investment of $127 billion, with expectations of contributing 50% to the GDP by 2050. The green hydrogen sector is projected to bring in $2 billion annually from exports and domestic use by 2030, with significant potential for further growth.
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