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.
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President Moon Jae-in of South Korea stated that South Korea and the United Arab Emirates (UAE) will cooperate in the sphere of the hydrogen economy.
Simson’s remarks are timely in light of the UAE’s major initiatives this year, which aim to position the country as a global leader in green hydrogen.
By depending on green hydrogen and renewable energy sources, the UAE is aiming to minimize carbon emissions. It published a strategy for growing the hydrogen field on Thursday as part of a goal to boost low-carbon indigenous enterprises and help the country reach climate ne
The world’s largest green hydrogen project, a joint venture between Air Products, ACWA Power, and NEOM
The project’s financial closing, a joint venture with NEOM Co. and American industrial gas company Air Products, is slated to take place in the first half of next year, according to ACWA’s CEO. Last month, he told Arab News that the joint venture had recruited financial company Lazard to assist on the project.
Using the existing ammonia plant of the “Okio” group in Salalah, the “SalalaH2” project aims to produce up to one thousand tons of green ammonia per day.
Hydrogen is viewed as a possible low-carbon or zero-carbon fuel that can help us move away from fossil fuels, alongside renewable sources like solar and wind.
Kajiyama also noted that Japan and the UAE have agreed to collaborate on hydrogen projects and share information on the development of hydrogen supply chains.
Dubai’s experience in transitioning to renewable and clean energy, pointing out that the Dubai Electricity and Water Authority’s total clean energy production capacity has increased to around 10%
