Renewable Hydrogen from Oman
A Producer Economy in Transition
The production of hydrocarbons has a dominant role in Oman’s economy with oil and
gas representing around 60% of total export income in recent years. In 2022, Oman
announced a target to become net zero by 2050 and an aim to significantly ramp up
the domestic production of hydrogen from renewable electricity.
The country is well placed to produce large quantities of renewable hydrogen and hydrogen-based
fuels like ammonia thanks to its high-quality renewable resources. Oman has also vast
amounts of land for large-scale project development, and existing fossil fuel infrastructure
that can be used or repurposed for low-emission fuels. Oman can become a competitive
producer and exporter of renewable hydrogen and ammonia already by the end of this
decade, while simultaneously increasing the share of renewables in its power mix.
This new IEA report – the first of its kind analysing the potential of renewable hydrogen
in a producer economy – indicates that renewable hydrogen is set to bring multiple
benefits in terms of investment, natural gas savings and avoided CO₂ emissions as
Oman transitions towards a net zero economy.
Published on June 12, 2023