A joint report by Siemens Energy and Roland Berger has highlighted the Middle East and Africa (MEA) region’s potential as an exporter of green hydrogen.
The MEA Energy Transition Readiness Index, released today (July 28), found the region is likely to become a hotspot for sustainable energy, with green hydrogen seen as key industry which could accelerate the energy transition.
Despite the highlighted strong prospects for sustainable energy in MEA, the report noted that the region scored only 26% on the Readiness Index, stressing the need for increased regulation and targeted investment to see its full potential reached.
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