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Masdar and partners to support low-carbon hydrogen economy in Abu Dhabi

Published by , Editorial Assistant
Energy Global,


Abu Dhabi Department of Energy (DoE), the Abu Dhabi Investment Office (ADIO) and Abu Dhabi Future Energy Company PJSC – Masdar, have signed a trilateral agreement to accelerate the hydrogen economy in Abu Dhabi and position the UAE as a global leader for the production and export of low-carbon hydrogen.

Masdar and partners to support low-carbon hydrogen economy in Abu Dhabi

This announcement follows Abu Dhabi’s recently launched Low-Carbon Hydrogen Policy, which creates a framework to accelerate production on a much larger scale. By connecting production centres, offtakers, and H2 storage across the UAE, the collaboration provides a landmark opportunity to deploy shared hydrogen infrastructure that generates economies of scale and creates a world-class production and export hub for clean hydrogen and its derivatives, enabling further decarbonisation of hard-to-abate sectors.

It is expected that the strategic trilateral collaboration will expand the green hydrogen sector in Abu Dhabi by providing the market conditions to attract international investment and co-development, further diversifying the UAE economy and generating new knowledge-driven jobs and opportunities.

"In affirming our commitment to the advancement of a sustainable energy future, I emphasise that sustainable hydrogen is integral to the Abu Dhabi energy transition, playing a vital role in realising the UAE's net-zero strategy. Low-carbon hydrogen, a promising technology, stands as a cornerstone for the development of a sustainable industrial sector in the Emirates, fostering economic growth, adding substantial value, and generating quality jobs. The Department of Energy's policy is pivotal to shaping the course of hydrogen development, contributing significantly to the economic abundance and prosperity of Abu Dhabi,” said Ahmed Mohamed Al Rumaithi, Undersecretary of the Abu Dhabi Department of Energy (DoE).

: “This important stride forward in Abu Dhabi’s green hydrogen funding and investment initiatives is bringing to life the UAE’s National Hydrogen Strategy, as well as positioning Abu Dhabi as the leading global hub for the production and export of low-carbon hydrogen at scale. Masdar is playing its part through the development and deployment of green hydrogen, targeting 1 million tonnes per year,” added Masdar CEO, Mohamed Jameel Al Ramahi.

The UAE’s National Hydrogen Strategy aims to scale up local hydrogen production to 1.4 million tpy by 2031, and 15 million tonnes per annum by 2050. This is seen as a crucial step towards meeting the country’s ambition of achieving net-zero emissions by 2050.

Masdar has been a pioneer in exploring hydrogen production since 2008 and is developing and investing in strategic projects across the hydrogen value chain. Of Masdar’s 1 million t capacity, half will be produced in Abu Dhabi, with local demand projected at around 200 000 tpy while the remaining volume will be exported.

 

 

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Read the article online at: https://www.energyglobal.com/other-renewables/06122023/masdar-and-partners-to-support-low-carbon-hydrogen-economy-in-abu-dhabi/

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