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Saturday, February 22, 2025 8:33 GMT
Feasibility studies linked to the development of Green Energy Oman (GEO), envisioned as one of the world’s biggest green hydrogen projects, have reached a key milestone, a Turkish-based consultancy firm announced on Thursday. Istanbul-headquartered Lean Power Solutions said it has worked alongside Manitoba Hydro International, a Canadian consultancy firm, in undertaking the feasibility study. Energy supermajor Shell is heading a consortium of local and international investors in the implementation of the 25GW capacity GEO project, which targets a production capacity of an estimated 10 million tonnes per annum (mtpa) of green ammonia when fully operational. “We are proud to announce the successful completion of the Green Energy Oman (GEO) project feasibility studies in collaboration with Manitoba Hydro International for Shell,” said Lean Power Solutions in a post. “As Lean Power Solutions, we had the privilege of hosting the Shell team in Istanbul, where we concluded the project and shared key findings that contribute to the future of renewable energy and hydrogen production.” “GEO is the world's largest green hydrogen project, integrating wind and solar power with grid-forming battery energy storage, pushing the boundaries of sustainable energy solutions. This milestone reflects our commitment to innovative energy transition strategies and advanced grid integration technologies,” the Turkish firm further noted. The announcement underscores ongoing efforts to progress the development of the mega-scale project with Shell as the Lead Operating Partner with a 35-per cent interest. Other members of the consortium include OQ Alternative Energy (part of the wholly Omani government-owned integrated energy group OQ), Singapore-based energy developer InterContinental Energy (ICE), Kuwait’s state-backed energy investor EnerTech, and Golden Wellspring Wealth for Trading (GWWT).In June 2023, the consortium signed an agreement with Hydrom, the master-planner and orchestrator of Oman’s renewable hydrogen sector, covering the allocation of Block Z1-04 in Al Wusta Governorate, for the development of the GEO project. The consortium said at the time that it is targeting the production of around 150,000 tonnes per annum of green hydrogen from 4 GW of installed solar and wind capacity in the first phase. At full capacity, it will be powered by 25 gigawatts (GW) of renewable solar and wind energy capacity made up of an estimated 1,800 wind turbines and 20 million solar panels installed over a 10-year period. This capacity will enable the production of around 1.8 mtpa of green hydrogen, will can be converted into 10 mtpa of green ammonia at facilities planned at the Special Economic Zone at Duqm. According to Shell’s Energy Transport Strategy 2024, the GEO project is “expected to be operational by the early part of the next decade and aims to produce around 1.8 million tonnes of hydrogen a year at full capacity”.