Green hydrogen is a type of hydrogen produced through the electrolysis of water using renewable energy sources. The process of electrolysis splits water molecules into hydrogen and oxygen atoms using an electric current.
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The hydrogen produced can be used in a variety of ways, including as a fuel for vehicles or as a way to store energy. A key advantage of green hydrogen is that it does not produce greenhouse gas emissions when used. This is in contrast to traditional hydrogen, which is produced from natural gas and emits carbon dioxide when burned. Green hydrogen can therefore help to reduce greenhouse gas emissions and combat climate change.
Several green hydrogen projects are being lined up in countries such as Oman, Egypt, Saudi Arabia, Morocco, and UAE amongst others. At present, there are over 45 known green hydrogen and ammonia projects across the MENA region, with an expected totalbudget of over USD 92 billion.
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Market Segmentation
By Technology
Proton Exchange Membrane (PEM) Electrolyzer
Alkaline Electrolyzer
Others
By Application
Power Generation
Chemical Feedstock
Transportation
Others
By Country
UAE
Saudi Arabia
Morocco
Egypt
Qatar
Kuwait
Oman
Rest of MENA
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Major Players in the Middle East/North Africa (MENA) Green Hydrogen Market
The key players in the Middle East/North Africa (MENA) green hydrogen market are Hydrogen System, Air Liquide, Siemens Energy (Siemens AG), ENGIE, Cummins, Air Product, Thyssenkrupp, Linde plc., McPhy Energy, and Aashi Kasei Corporation, CWP Global, Total Eren, OQ, InterContinental Energy, EnerTech, Scatec, ACME, Globeleq, K&K Group, EDF, Renew Power, Hassan Allam Holding, Tatweer, among others.
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Newsmantraa
Read more: https://www.digitaljournal.com/pr ews ewsmantraa/mena-green-hydrogen-market-is-driven-by-rising-demand-for-hydrogen-in-the-fuel-cell-based-automobile-sector-hydrogen-system-air-liquide-siemens-energy-engie#ixzz89sl6xk8x
