Saudi Arabia's NEOM Green Hydrogen Project Nearing Completion
Key Ideas
- Construction of the NEOM Green Hydrogen facility in Saudi Arabia is at 80% completion, set to become the world's largest green hydrogen plant.
- The project, developed by NEOM Green Hydrogen Company, will produce 600 mt of green hydrogen per day using 4 GW of renewable energy.
- In addition to hydrogen, the facility will produce green ammonia with its first production expected in 2027, contributing to sustainable energy solutions.
- Potential use of green ammonia as a marine fuel could address decarbonization challenges in the shipping sector, once market readiness aligns.
The NEOM Green Hydrogen Company in Saudi Arabia is making significant progress, with its green hydrogen facility nearing completion. Located near the futuristic NEOM megacity, the project is a joint venture between ACWA Power, Air Products, and NEOM. Once operational, it is poised to be the world's largest green hydrogen facility, producing 600 metric tons of green hydrogen daily by utilizing 4 gigawatts of renewable energy from solar and wind sources. The site will also produce green ammonia, with initial production expected in 2027.
Air Products will be the exclusive off-taker of the green products generated by the plant. The facility includes a dedicated jetty for loading green ammonia onto tankers efficiently for global export. While the direct use of green ammonia as marine fuel currently faces technological and infrastructure challenges, the NEOM facility's potential supply could accelerate adoption in the shipping industry as pressure mounts for decarbonization. The project highlights a significant step towards sustainable energy solutions and future collaborations in green technology development.