[Hydrogen energy industry in Saudi Arabia, Oman, UAE] A consortium led by PoSCO has won a $6.7 billion deal to develop a green hydrogen project in Oman. Posco is the largest shareholder in the consortium developing the project, with a 28 per cent stake. Samsung, which holds a 12% stake, is expected to lead the engineering, procurement and construction of the hydrogen plant. Another 24 percent is held by two unnamed South Korean state-owned power companies, 25 percent by France's Engie and 11 percent by Thailand's state-owned oil company PTTEP. Oman, with its high-quality renewable energy resources and vast available land, is on track to become the sixth largest hydrogen exporter globally and the largest in the Middle East by 2030, according to a report released by the International Energy Agency. Currently, natural gas accounts for 95% of Oman's electricity generation. In 2022, Oman proposed a goal of achieving net zero emissions by 2050. Oman's hydrogen project will use electrolysers powered by renewable electricity to extract hydrogen from desalinated sea water. Oman has set up a state-owned enterprise, Oman Hydrogen Energy Company, to develop a hydrogen strategy. Editor/Xu Shengpeng

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• 2024.10.09 10:18
• [Qiongzhou Strait transportation new energy vehicle ship successfully docked]
• On the afternoon of October 8th, under the on-site escort of the Guangdong Zhanjiang Maritime Bureau's "Haixun 0927" ship, the first flatbed cargo ship dedicated to the transportation of new energy vehicles in the Qiongzhou Strait, the "Green Source No. 1" ship, slowly entered the Xuwen Hai'an New Port, marking the successful trial operation of the ship's roll on/roll off transport route in the Qiongzhou Strait. It is reported that the deck cargo ship "Green Source No.1" has a total tonnage of 6731, a net tonnage of 3769, a length of 125.8 meters, and a width of 28 meters. The ship adopts a single-layer deck design, which can carry more than 160 new energy vehicles on a single voyage under full load conditions. The parking capacity is about 60% higher than that of existing passenger and roll on/roll off transport ships. The ship is planned to be deployed on the route from Hai'an New Port in Zhanjiang to Xiuying Port in Haikou. After being put into operation, it will add a new mode of sea transportation for new energy vehicles in the Qiongzhou Strait and effectively alleviate the tense situation of insufficient capacity for new energy vehicle transportation during the peak period of cross sea vehicle transportation in the Qiongzhou Strait. Editor/Zhou Yingwen

• 2024.10.09 10:15
• [Malaysia's energy transition has made progress]
• On October 9, 2024, Malaysian Deputy Prime Minister Fadhila stated that Malaysia has made progress in improving energy efficiency and that "energy conservation" has become the key to energy transition. Meanwhile, Malaysia will promote the ASEAN power grid as a key topic of discussion at the ASEAN Energy Ministers' Meeting. At the 2024 Asia Power and Energy Exhibition, which opened on the 8th, Fadhila revealed that as of June, Malaysia has saved 8769 gigawatt hours of electricity, worth over 2.2 billion ringgit, and plans to reduce 38 million tons of carbon dioxide emissions by 2025. In addition, the Malaysian government has approved the establishment of an energy exchange aimed at selling green electricity to neighboring countries. As the rotating chair of ASEAN in 2025, Malaysia will promote the construction of the ASEAN power grid to promote the promotion of renewable energy and enhance the resilience and reliability of electricity supply in ASEAN member countries. Editor/Zhou Yingwen