Oxford – MENA region as a potential hydrogen supplier for the European

The MENA region is being considered as a potential supplier of green hydrogen for the European market, with a focus on a proposed route between Saudi Arabia and Germany. Green hydrogen is seen as a solution to the variability of renewable energy sources, offering storage and transportation capabilities. However, challenges such as high conversion costs and logistical complexities need to be addressed to establish a viable supply chain. The study highlights the importance of analyzing the cost dynamics of the entire supply chain and promoting international collaboration to meet projected demand. Factors like uncertainties, externalities, technology advancements, transportation, and geopolitical considerations are crucial in assessing the economic viability of the value chain and trading route. Strategic aspects such as location, product selection, competitiveness, and geopolitics play significant roles in shaping the green hydrogen market. The discussion suggests that potential exporters like Saudi Arabia need to address these strategic aspects to capitalize on their renewable energy potential and establish themselves as key players in the market. Importers like Germany also need to consider key factors when engaging in green hydrogen trade.