Kingdom investigates the consumption of hydrogen-powered transportation in industrial cities. A possible hydrogen-enabled public bus system in Makkah has also been covered under the Memorandum Of Understanding. A total of eight preliminary agreements were recently signed by Saudi Arabia for carbon-free energy. The contract includes a hydrogen transportation system and sustainable jet fuel. Saudi Arabia, the most prominent petroleum producer, has established a leading position across the spectrum in the energy sector from this agreement.
The agreements will support the expansion of fuel cell-powered vehicles such as cars, buses, and trains, within the zones of the Kingdom. Further, it will promote the production of sustainable jet fuel in the different cities of Saudi Arabia. The Saudi kingdom is working on its Vision 2030, which will make it a competitive leader in the energy market by expanding its energy resources. In Salman’s opinion, the Memorandum Of Understanding will constitute a significant improvement for Vision 2030 of Saudi Arabia.
Agreements Exist Between Several Key Players
The agreements lie between many key players, including the Red Sea and the envisioned carbon-free metropolis of Neom, a next-generation city designed to be carbon-free. Other places where the eight MOUs will be signed are Princess Nora Bint Abdulrahman University, Makkah, Royal Commission for Jubail & Yanbu, and airport runways. In some of these locations, hydrogen fuelling facilities and plants will also be established to support the operations. For the projects to be completed, the Ministry of Energy will work closely with partners and international businesses.
Saudi Arabia Is Making A Big Push Towards Hydrogen
Saudi Arabia and other oil exporting nations have designated funds and resources to produce hydrogen. The United Arab Emirates and the Saudi Kingdom have huge intentions to dominate the hydrogen industry. S&P Global Platts Analytics estimates that the overall value of stated hydrogen investments will reach $44 billion in the Middle East. The hydrogen-based projects that have been approved are expected to cost $35 billion and be completed by 2030. On the other hand, the project will be completed by the first quarter of 2026 by Saudi company Acwa Power and Air Products, based in Riyadh.
Trains Powered By Hydrogen Fuel Cells
Trains might run on hydrogen in the future. A relatively low or zero-emission power generation system can be achieved by utilizing hydrogen fuel cell technology on trains in conjunction with eliminating harmful vehicle emissions. In the rail industry, an agreement has been made with Saudi Railways to develop hydrogenhttps://greentechnewsme.com/saudi-arabian-oil-company-is-considering-green-hydrogen-investment/ fuel cell-powered trains. The project’s location and method of implementation are still unknown.
Development Of Sustainable Jet Fuel Is Another Important Area Of Consideration
Saudi Arabia has signed another MOU for the development of sustainable jet fuel. The adoption of H2-powered vehicles in major industrial and commercial zones is another possibility being investigated by the Saudi government. The nation has expanded its emissions reduction initiatives, shifting toward renewable and clean energy utilizing hydrogen. Further, Saudi Arabia has set a goal of achieving net CO2 emissions by 2060.
