On Day 2 of the 14th Dii Desert Energy Leadership Summit, discussions began with a heated conversation about the complex topics of carbon pricing and fossil fuel subsidies in the MENA region, led by industry and policy experts exploring pathways to decarbonize.

Executive panels followed, examining emerging trade routes for H₂ and its derivatives, which connect global energy importers with supply markets in MENA, Europe and Asia, crucial for achieving energy security and diversification. In addition, sessions on green energy transport and storage options focused on H₂ carriers, comparing the costs and feasibility of various storage methods and long-distance transport solutions.

Other key discussions addressed the growth and challenges of sustainable aviation fuels, exploring how financing, regulation and partnerships can close the gap between project capital needs and viable business cases. Panels also delved into the evolution of global carbon markets, with insights on mandatory emissions trading, voluntary schemes and the potential for a global trading system.

A special session emphasized the rising role of liquid H₂ as an energy vector, featuring insights from experts and a joint paper presentation on powering the energy transition. The day wrapped up with interactive roundtable discussions on pivotal topics, including blockchain’s impact on the energy sector, storage solutions for both electrons and molecules, mechanisms supporting H₂ production and transport, and the critical role of minerals in clean energy technologies.

Story by: Catherine Watkins, Chief Commercial Officer, Gulf Energy Information