Algeria Eyes $25 Billion Investment to Build a World-Class Hydrogen Industry by 2040

A recent report by the Energy Research Unit has revealed that Algeria will require approximately $25 billion in investments to develop its hydrogen sector and achieve its 2040 targets, enabling the country to produce up to 1.2 million tonnes of green hydrogen annually for export.

According to the report, Algeria’s hydrogen strategy is built on a dual-track approach. The first focuses on producing green hydrogen using renewable energy sources, while the second aims to develop blue hydrogen from natural gas, supported by carbon capture and storage (CCS) technologies. This strategy leverages Algeria’s abundant natural gas reserves while accelerating its transition toward a low-carbon energy future.

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