Iran currently lacks a substantial presence in the burgeoning hydrogen industry, despite its abundance of natural gas and renewable energy potential. Utilizing renewable energy sources such as solar or wind power, “green hydrogen“ is produced by electrolysis, which produces hydrogen without any emissions. This contrasts with traditional techniques that release carbon dioxide. Experts anticipate …
Read More »Saudi Arabia-Iran normalization and possible bilateral energy relations
Introduction In a breakthrough deal, brokered by China, Saudi Arabia and Iran have agreed on the resumption of diplomatic relations and the mutual opening of embassies, a move that could change the balance of power in the Middle East and restore stability in the region. Under the agreement reached, the …
Read More »Chalous Gas Field Unlikely To Make Iran A Big Supplier
With a potential output worth $450 billion over its first 20 years, Iran’s Chalous gas field in the Caspian Sea, raises issues of both finance and where the gas might sell. The field, whose discovery Iran proclaimed in June and which has perhaps 3.5 trillion cubic meters (m3) of gas, reportedly is part …
Read More »Will renewable energy be a major part of the Saudi energy mix?
In recent years, Saudi Arabia has had a comprehensive plan to reduce the share of oil in its economy, and it is seeking to increase the share of renewable energy in electricity generation. Saudi Arabia currently consumes about a quarter of its oil production, which is expected to remain almost …
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