UAE aims to capture 25% hydrogen market share: Suhail Al Mazrouei – News

The minister said that as part of the country’s hydrogen roadmap, he is currently implementing seven projects and is looking forward to exporting hydrogen



UAE Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei said Abu Dhabi Sustainability Week (ADSW) is a global platform to start a promising era of sustainable development and highlights key UAE efforts to build a more sustainable global future. — File photo

By Reuters, Wam

Published: Mon Jan 17 2022 5:35 PM

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the UAE aims to capture around a quarter of the global hydrogen market with hydrogen produced both by electrolysis and from natural gas.

The minister said that as part of the country’s hydrogen roadmap, he is currently implementing seven projects and is looking forward to exporting hydrogen.

“There have already been discussions with many countries that we supply today with hydrocarbons, and they want to obtain hydrogen,” he said.

He said Abu Dhabi Sustainability Week (ADSW) is a global platform to start a promising era of sustainable development and highlights the UAE’s leading efforts to build a more sustainable global future. .

In his statement to the Emirates News Agency (Wam) at the launch of ADSW 2022, Al Mazrouei pointed out that the UAE has become a leader in the use of low carbon energy, due to the instructions from its leaders.

The UAE also prioritizes the diversification of energy sources, which helps maintain a balance between sustainable development and environmental protection, he added.

The UAE has adopted a transparent green transformation strategy, which includes investments in green energy, capped by the announcement of its plan to achieve carbon neutrality by 2050, he added.

Hydrogen is a green energy source that will support the country’s green transformation efforts, Al Mazrouei stressed. The UAE has the first green hydrogen production plant in the Middle East.

100 GW of renewable energy capacity

Meanwhile, Masdar aims to increase the capacity of projects it is developing globally to 100 gigawatts, UAE Industry Minister Sultan Al Jaber said in Dubai on Monday.

“Abu Dhabi-based Masdar has invested in wind and solar projects in 40 countries around the world,” said Al Jaber, who is also the chief executive of the Abu Dhabi National Oil Company (Adnoc).

“Our ambition is to accelerate this development globally to reach 100 GW and eventually double it again to 200 GW,” he said without specifying a timeline for the capacity increase. The Abu Dhabi government last month announced plans to increase Masdar’s capacity to more than 50 gigawatts by 2030.

The minister was attending the opening of the Abu Dhabi Sustainability Week summit at the Expo 2020 site in Dubai.

The UAE plans to lead hydrogen production and help achieve carbon neutrality, under directives from its leaders to find solutions to problems caused by climate change, he said. Solar energy, peaceful nuclear energy and hydrogen all play a crucial role in future international efforts to reduce carbon emissions, he added.

ADSW 2022 is the first major international event in the field of sustainability to be held after the 26th session of the Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change and will pave the way for COP27 , hosted by Egypt in 2022, and COP28, hosted by the UAE in 2023. —Wam, Reuters

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