A waste-to-hydrogen project destined for the Omani coast has been proposed as a memorandum of understanding was inked between US-headquartered H2-Industries Inc. and Oman’s Public Establishment for Industrial Estates (Madayn), a statement from H2 Industries said.
Oman generates a lot of waste and has relatively scarce disposal sites; the per capita waste generation is more than 1.5 kilograms a day, among the highest in the world, according to research firm BioEnergy Consult.
“The $1.4 billion investment into Oman will make a substantial contribution to the country’s waste management strategy and demonstrates how fighting climate change and enhancing environmental protection can go hand in hand and benefit all stakeholders,” Michael Stusch, executive chairman at H2-Industrries, said.
The US-based hydrogen generation and energy storage firm said the proposed facility will be established on a 200,000 square-metre plot at an unspecified location on the Omani coast.
The waste-to-hydrogen plant will seek to process around 1 million tonnes of municipal solid waste to produce an estimated 67,000 tonnes of green hydrogen, alongside 1 million tonnes of commercially valuable carbon dioxide, with a combined export value of around $268 million annually.
Hydrogen is projected to account for 12 percent of global energy use and 10 percent of carbon dioxide emissions reductions by 2050, according to the International Renewable Energy Agency.
The project includes the construction of a 300-megawatt baseload-capable photovoltaic solar installation that will include 70MW of electrical storage.
H2 Industries was founded in 2010 has a commercial presence in 20 countries on five continents. The company has also gained approval from Egypt’s Suez Canal Economic Zone for a $3bn waste-to-hydrogen plant.
