Mongolia is attractive for deploying green hydrogen production and more renewable energy projects can be developed in the Central Asian region, Elixir Energy Managing Director and CEO Neil Young said in an interview. “Mongolia has very high-quality wind and solar resources – and our analysis shows that in addition, these 2 renewable sources are highly complementary in terms

of combining to produce very strong annual capacity factors. However, Mongolia’s primary attractiveness as a green H2 project location is its immediate proximity to potentially very large Chinese H2 markets. H2 is very expensive to move – so location close to markets is arguably the most important source of competitive advantage,” Young told New Europe and EnerLoop by Invest In Network and as a part of the upcoming Energy Week Central Asia and Mongolia 2022 in Tashkent on April 26-28.

 

https://www.neweurope.eu/article/mongolia-advances-renewable-energy-resources-through-a-green-hydrogen-project/

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