Many hydrogen projects worldwide are now advancing toward initial financing, it is becoming apparent that the Gulf countries will need to move fast. The UAE could be among the lowest-cost producers of blue hydrogen in the world, while its significant advantages extend also to green hydrogen A struggle may ensue in coming years between countries that are betting big on green hydrogen and those that are making large investments in blue hydrogen For those looking to invest in hydrogen’s future, a key region to watch will be the Middle East, particularly the Gulf region where nations are highly dependent on hydrocarbon exports. There, where there is most to lose in an energy transition, attention is increasingly turning to alternative energy carriers with high potential in multiple sectors. Hydrogen has come into focus, based on a broadly shared view that the region’s resources and legacy infrastructure leave it uniquely advantaged […]