The terms and conditions for the European Hydrogen Bank’s second renewable hydrogen auction have been published.
Scheduled for later this year,
Oman is strategically located between two key green hydrogen demand centers in Europe and Asia. This, in addition to, our tier-1 infrastructure and logistics capabilities have enabled us to leverage our first mover advantage in the global hydrogen industry. The availability of renewable natural resources in Oman coupled with the country’s favorable geopolitical positioning, investor-friendly policies and progressive energy transition strategies make it one of the most suitable countries for green hydrogen production. I would like to congratulate EDF Group, J-Power and Yamna on their awarding and look forward to working together to realise our collective vision.
EDF Group and its subsidiary EDF Renewables are proud to be awarded, alongside their partners in the Hydrom project. This achievement demonstrates the trust of the Sultanate of Oman in our decarbonisation solutions. With its Hydrogen Plan, EDF is supporting the energy transition of the sectors which emit the most CO₂. Hydrogen fuels a future where sustainability meets innovation. This is why we're not just generating power ; we're paving the way for cleaner, greener, and more innovative energy solutions for the generations to come.
We are honoured by this great opportunity to participate in the Project and to collaborate with Omani stakeholders as well as our partners. Considering the development of renewable energies and renewable-based hydrogen, the Project is in line with our strategy “Blue Mission 2050” to accelerate the transition to carbon neutrality. It will contribute to both Oman and global net-zero-emissions goals.
We are excited to embark on this journey with our partners, with a target to deliver a transformational flagship Project for both Oman and the global hydrogen industry. We at Yamna are eager to significantly contribute to the success of this project leveraging on our expertise of green hydrogen and ammonia, and our experience in Oman.