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Study confirms €1T green hydrogen potential for Africa

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The analysis highlights the benefits of harnessing solar power to create green hydrogen in four African hubs: Mauritania, Morocco, southern Africa and Egypt. This is equivalent to energy costs of US$60 a barrel.

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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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The concept of a hydrogen pipeline connecting Qatar, Saudi Arabia, Egypt, and traversing the Mediterranean Sea to Europe may seem ambitious, but initial assessment indicates its feasibility. The cost of transporting hydrogen through this pipeline is initially seen at approximately €1.2/kg million tonnes of hydrogen annually.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019.

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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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Use of the alternate routes would increase the cost of transportation. The Suez Canal is located in Egypt, and connects the Red Sea and Gulf of Suez with the Mediterranean Sea, spanning 120 miles. Other alternate routes could include the deactivated 1.65-million million-bbl/d Tapline to Lebanon. Suez Canal/SUMED Pipeline.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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It is this vision that has triggered a slew of recent green hydrogen investment deals in Abu Dhabi, Dubai, Egypt, Jordan, Morocco, Oman and Saudi Arabia. However, the cost is one very large fly in the ointment. Many more will follow. Until green hydrogen becomes price competitive, it cannot fulfil its promise.

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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

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The Levant Basin contains the activity closer to Cyprus, while the gas production offshore Egypt is a part of the Nile Delta Basin. Input parameters include the project’s capital costs, its operating costs, the plant’s fuel loss factor, and the plant’s utilization rate. Operating maintenance costs were set at $0.20/MMBtu

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

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