MUSCAT, Oman, November 18, 2024 /PRNewswire/ — As global energy markets shift towards sustainable solutions, Hydrom, the green hydrogen orchestrator of the Sultanate ofOmanis preparing to organize its first “ghH Investor Day2 ” in December, opening the doors to selected potential partners and industry leaders eager to secure a leading edge in the green hydrogen sector. This event will bring together key players from around the world who will be able to note the progress made by Oman and explore new strategic investment opportunities in one of the most promising hydrogen markets in the world.
Hydrom’s Inaugural gH2 Investor Day Set to Showcase Oman’s Hydrogen Milestones and Investment Opportunities
gH Investor Day2 Hydrom will provide a comprehensive update on the Sultanate's progress on green hydrogen, covering key projects and initiatives as well as plans forOman for its third auction cycle, scheduled for the beginning of 2025. Participants will also be informed of the evolution of an unprecedented collaboration in the field of liquid hydrogen, marked by a joint study agreement with the port of 'Amsterdam. This agreement, signed during the COP28aims to establish the first liquid hydrogen route on a commercial scale fromOmanpositioning the country as a global hub for green hydrogen exports.
To date, Hydrom has successfully secured eight large-scale green hydrogen projects with consortia of 22 global companies, representing a collective investment commitment of over USD 49 billion. These projects constitute an important step towards the ambitious goal ofOman to produce up to 1.5 million tonnes of green hydrogen per year by 2030. To sustainably support this growth, Hydrom launched a multi-sector ecosystem preparation program which gave rise to 26 pre- guardians aimed at ensuring the resilience and scalability of the sector. These initiatives cover crucial areas such as permitting, logistics, workforce development and local content, laying the foundation for a fully integrated and efficient hydrogen ecosystem. The program notably saw the introduction of a “single permitting system” to streamline regulatory approvals, while shared infrastructure pathways improve value for money and reduce costs for developers.
To register for Hydrom Investor Day, please visit https://bit.ly/gH2InvestorDay.
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