“Korea wants to entirely abolish coal power generation and grow renewable energy to 70% by 2050,” said President Moon Jae-in, who is visiting the United Arab Emirates (UAE). We’re going to clasp hands even tighter. “
At the opening ceremony of “Abu Dhabi Sustainability Week,” held at the Dubai Expo Exhibition Center on the same day, President Moon stated in his keynote speech that “the two countries are working together to establish a hydrogen economy that will be a new energy source in the carbon-neutral age.”
Through the “Abu Dhabi Hydrogen Alliance,” the UAE is boosting its green and blue hydrogen production capacity with the goal of capturing 25% of the worldwide low-carbon hydrogen market share by 2030, President Moon remarked. It has specific strengths in hydrogen utilization and distribution. ” “The UAE and Korea are working together to develop blue hydrogen and promote the development of a large-scale blue ammonia plant,” he stated.
President Moon added that “smart cities are also an area where the synergy between the two countries is envisaged.”
From the beginning, the UAE has been investing in green city construction, “he stated. “We’re developing a green city,” he remarked, referring to the use of environmentally friendly materials such as low-carbon cement and the utilization of renewable energy. “In addition, Korea is constructing two smart pilot cities.” “The most exemplary smart city will be completed if we integrate the experiences and strengths of both countries,” he stated. “The two countries want to construct a “hydrogen metropolis” based on a hydrogen public transportation system together,” he added.
Since 2008, the UAE government has held an annual event called “Abu Dhabi Sustainability Week” to promote sustainable development in the energy sector. This is the first time a president from South Korea has given a keynote address.
