US Fiddles While Egypt Plays To Green Hydrogen Fans In Europe
The other LNG terminal is in Georgia, and several others are located in Texas, on the Gulf of Mexico.had a chance to discuss Europe’s green hydrogen supply chain with experts at Bosch. We’ll cover that in more detail next week, but for now the short version is that Europe wants green hydrogen, but it doesn’t have the bandwidth for domestic wind or solar power to scale up its electrolysis opportunities to a sufficient degree.
And, that’s where the Saudi Arabian firm ACWA Power comes in. The company bills itself as “the first mover into green hydrogen” as well as the “world’s largest private water desalination company.” The desalination connection is significant because water needs to be purified before electrolysis, potentially providing ACWA with a technology edge on the emerging seawater-to-hydrogen industry.
“We foresee that the positive contributions with financing institutions and development partners, as well as the comparative advantages of Egypt in terms of the availability of land, will show that Egypt has what it takes to produce renewable energy for domestic consumption and export,” ACWA explained in a press release.
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