Arabian Business: Green hydrogen will unlock the energy transition

• Green hydrogen is attracting significant investment that could unlock its full potential for the energy transition, writes Peter Terium, CEO of ENOWA
• ENOWA, the energy and water company of PIF giga-project NEOM, aims to make renewable energy access more affordable
• PIF plans to develop 70% of Saudi Arabia’s renewable capacity

Meeting future energy demands will require all viable sources, with the most valuable options being those that are abundant, affordable, efficient and sustainable, noted Peter Terium, CEO of ENOWA, in an article for Arabian Business.

Green hydrogen, produced by splitting water into hydrogen and oxygen using electricity (electrolysis), is sustainable because it uses renewable energy, explained Terium. The process releases no CO2, and the only byproduct is water.

Green hydrogen is attracting significant investment and research and development efforts that could finally unlock its full potential for the energy transition.

ENOWA, the energy and water company of PIF giga-project NEOM, which leads on hydrogen innovation in partnership with Saudi Arabia, will develop entire energy and water systems for the region. Part of ENOWA’s mission is to make renewable energy access more affordable.

ENOWA’s strategy to develop a sustainable, circular water management system has started to roll out across the region. ENOWA will desalinate seawater using 100% renewable energy. These carbon-neutral resources align with PIF’s objective to develop 70% of Saudi Arabia’s renewable capacity.

Read the full Arabian Business article here.

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