Neom and Green Hydrogen
The NEOM project, called Helios, is led by a consortium including Air Products and ACWA Power International.
Saudi Arabia wants to be the world’s biggest exporter of hydrogen. The fuel only emits water vapour when burned, making it less polluting than oil, natural gas and coal. The technology for producing it on a mass-scale is still unproven, but the market could be worth $700bn annually by 2050 if manufacturers can bring down costs, according to BloombergNEF.
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