decarbonizing fuels

Saudi green hydrogen firm says NEOM plant is near completion

The nascent energy industry faces challenges that include high production costs and a lack of immediate demand to fuel its anticipated growth

NEOM

Artist's conception of Octagon industrial city on Saudi Arabia's Red Sea coast

Saudi Arabia is on track to complete construction next year of the world’s biggest green hydrogen production plant.

Now the question becomes whether the oil-rich kingdom can round up enough customers to justify the mammoth cost of producing...