Saudi Arabia's ACWA Power has agreed with three Dutch firms to explore the potential for a green hydrogen 'corridor' between its sites and the port of Amsterdam.
ACWA made the commitment with Zenith Energy Terminals, Gas Log and the Port of Amsterdam during a Saudi-EU Investment Forum in Riyadh on 23rd October. ACWA is involved in major green hydrogen complexes, including the $8.5bn NEOM Green Hydrogen Project in Saudi Arabia.
The World Bank has predicted that conflict in the Middle East could lead to a dramatic spike in oil prices, which is linked to increases in food prices - however it's argued that the forecasts do not take into account the ability of energy storage to meet demand
US offshore wind is beset by economic challenges, but this shouldn’t blind the sector to the potential for incorporating green hydrogen production into project plans
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