In the days prior to this edition going to press, a joint report by Siemens Energy and Roland Berger highlighted the Middle East and Africa (MEA) region’s potential as an exporter of green hydrogen.
The MEA Energy Transition Readiness Index, released on July 28, found the region is likely to become a hotspot for sustainable energy, with green hydrogen seen as key industry which could accelerate the energy transition. The report’s findings affirm the widely-held belief that sun-soaked and often wind-exposed regions such as the Middle East and Africa could hold such promise in renewables and, by extension, green hydrogen.
This has been the expectation for many years, if only the right resource and policy is put in place, alongside the kind of sustainability levers surrounding water usage, desalination and recycling in water-stress parts of the region that may be required. To date, that committed – let alone crystallised – policy appears to be lacking.
This concurs with the findings of the new report from Siemens Energy and Roland Berger, which states that despite the highlighted strong prospects for sustainable energy in MEA, the region scored only 26% on the Readiness Index – stressing the need for increased regulation and targeted investment to see its full potential reached.
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