Commentary - Saudi Arabia’s Potential to Further Hydrogen Use in the Maritime Sector

20.500.12592/1dgrdd

Commentary - Saudi Arabia’s Potential to Further Hydrogen Use in the Maritime Sector

20 Mar 2023

One of these was Saudi Arabia’s Potential to Further Hydrogen Use in the Maritime Sector 2 to become the largest producer of low-carbon hydrogen, targeting around 4 million tonnes of hydrogen production by 2030 (Saudi Green Initiative 2021). [...] Saudi Arabia’s continued investments in ship and or its derivatives as port infrastructure to help the demand-side (exports) of hydrogen enables an alternative fuel the country to become a key contributor in the decarbonization of the maritime sector. [...] Saudi Arabia’s Potential to Further Hydrogen Use in the Maritime Sector 4 In Saudi Arabia, seaborne trade makes up an estimated 94% of the volume of all goods transported and 77% of all value. [...] Green hydrogen in Saudi Arabia is expected to fall from $2.16 per kilogram (kg) today to $1.48/kg by 2030, and potentially to $1/kg in the Saudi Arabia’s Potential to Further Hydrogen Use in the Maritime Sector 7 long term (Shahid and Shabaneh 2022). [...] Moving forward, countries looking to promote the which participating adoption of hydrogen (or its derivatives) as the marine fuel of choice will need to take advantage of existing shipping routes, such as the East-West ports are equipped to shipping lane.
Pages
12
Published in
Saudi Arabia