Iraqi hydrogen energy storage capacity

How much does hydrogen cost in Iraq?

In 2020, the cost of grey hydrogen in Iraq was estimated at $1.4/kg, and green hydrogen, which is produced through electrolysis powered by renewable energy sources, had a higher production cost of $5.2/kg. The projections indicate a downward trend in hydrogen production costs by 2025 for green hydrogen is expected to range between 3 and 4 $/kg.

Does Iraq produce hydrogen?

Given Iraq significant natural gas reserves, the country could technically produce substantial amounts of grey hydrogen. However, due to the environmental impact and the global push towards more sustainable energy solutions, there may be more focus on cleaner hydrogen production methods, such as green and blue hydrogen production. 3.4.

How much hydrogen does Iraq need in 2025?

Fig. 9 represents Iraqi projected hydrogen energy demand for the country using two model equations labelled as equations (1), (2) According to the simulated results, Iraq projected hydrogen energy demand shows a progressive increase over time. In 2025, the projected demand stands at 3.39 million tonnes per year.

Will Iraq get a green hydrogen plant?

Earlier this month Hayan Abdel Ghani, Iraq’s oil minister, unveiled plans for a green hydrogen project for the South Refineries Company, including a 130MW solar energy plant. It would provide Iraq with 800 tonnes of green hydrogen a year through solar-powered electrolysis.

Will Green hydrogen boost Iraq's international standing?

In addition to its domestic benefits, the transition to a green hydrogen economy has the potential to enhance Iraq international standing. As countries around the world seek to reduce the carbon emissions, the demand for clean energy sources such as green hydrogen is expected to increase significantly.

Why should Iraq invest in green hydrogen?

The move towards green hydrogen production in Iraq is also closely linked to the broader goal of economic diversification. Investing in green hydrogen, the country can lay the groundwork for the development of new industries and the creation of new job opportunities.