[Gulf states are eyeing green hydrogen] After decades of oil and gas booms, Gulf states are now targeting "green" hydrogen as they try to transform their economies into non-oil revenue sources and ease the climate crisis. Oil producers Saudi Arabia, the United Arab Emirates and Oman are investing heavily in the climate-friendly fuel as they seek alternative sources of revenue from crude oil and natural gas. Green hydrogen, hydrogen produced by electrolysis of water from renewable energy, seems to solve many problems: it is low in pollution and has a wide range of potential uses, which could make it both profitable and protective of the planet at the same time. But the fuel, which currently accounts for less than 1 percent of total global hydrogen production, is not yet commercially viable, requiring a massive expansion of renewable energy use - a process that could take years. Nevertheless, the Gulf states still have the opportunity to play a major role in the energy market due to the decline in oil revenues. Most hydrogen today is produced from polluting fossil fuels, but green hydrogen is extracted from water using renewable energy sources such as wind, solar and hydropower. While fossil fuels produce harmful greenhouse gases when burned, hydrogen only releases water vapor. It has been touted as a potential use in highly polluting industries such as transport, shipping and steel. Editor/Xu Shengpeng

Click to see more live >>

• 2024.10.09 10:18
• [Qiongzhou Strait transportation new energy vehicle ship successfully docked]
• On the afternoon of October 8th, under the on-site escort of the Guangdong Zhanjiang Maritime Bureau's "Haixun 0927" ship, the first flatbed cargo ship dedicated to the transportation of new energy vehicles in the Qiongzhou Strait, the "Green Source No. 1" ship, slowly entered the Xuwen Hai'an New Port, marking the successful trial operation of the ship's roll on/roll off transport route in the Qiongzhou Strait. It is reported that the deck cargo ship "Green Source No.1" has a total tonnage of 6731, a net tonnage of 3769, a length of 125.8 meters, and a width of 28 meters. The ship adopts a single-layer deck design, which can carry more than 160 new energy vehicles on a single voyage under full load conditions. The parking capacity is about 60% higher than that of existing passenger and roll on/roll off transport ships. The ship is planned to be deployed on the route from Hai'an New Port in Zhanjiang to Xiuying Port in Haikou. After being put into operation, it will add a new mode of sea transportation for new energy vehicles in the Qiongzhou Strait and effectively alleviate the tense situation of insufficient capacity for new energy vehicle transportation during the peak period of cross sea vehicle transportation in the Qiongzhou Strait. Editor/Zhou Yingwen

• 2024.10.09 10:15
• [Malaysia's energy transition has made progress]
• On October 9, 2024, Malaysian Deputy Prime Minister Fadhila stated that Malaysia has made progress in improving energy efficiency and that "energy conservation" has become the key to energy transition. Meanwhile, Malaysia will promote the ASEAN power grid as a key topic of discussion at the ASEAN Energy Ministers' Meeting. At the 2024 Asia Power and Energy Exhibition, which opened on the 8th, Fadhila revealed that as of June, Malaysia has saved 8769 gigawatt hours of electricity, worth over 2.2 billion ringgit, and plans to reduce 38 million tons of carbon dioxide emissions by 2025. In addition, the Malaysian government has approved the establishment of an energy exchange aimed at selling green electricity to neighboring countries. As the rotating chair of ASEAN in 2025, Malaysia will promote the construction of the ASEAN power grid to promote the promotion of renewable energy and enhance the resilience and reliability of electricity supply in ASEAN member countries. Editor/Zhou Yingwen